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Massachusetts Implements Sweeping Changes In Health Care Sector

Massachusetts Implements Sweeping Changes In Health Care Sector

Massachusetts Governor Maura Healey has enacted a critical healthcare bill to tighten oversight of for-profit investments in healthcare, spurred by the bankruptcy of Steward Health Care. The law raises financial reporting requirements and penalties for non-compliance, while also granting regulators broader authority to scrutinize the financial practices of private equity firms. This aims to safeguard hospital stability and enhance accountability in the wake of rising concerns over care quality. Source and details of the news

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