House Approves Tougher Medicare Rules for Private Equity Firms
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Private equity-owned health-care companies seeking Medicare reimbursements would be subject to greater transparency under a bill passed by the U.S. House on Friday.
The rule, included in a $1.3 trillion appropriations bill for several departments, requires companies seeking short-term loans from Medicare to disclose whether they are owned by private equity firms. Findings would be published in a quarterly report issued by the Department of Health and Human Services.