2026 SESSION

INTRODUCED

26105265D

HOUSE BILL NO. 1458

Offered January 23, 2026

A BILL to direct the Secretary of Health and Human Resources to convene a work group to study the impact of private equity on health care.

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Patrons—Downey and Shin

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Referred to Committee on Rules

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Be it enacted by the General Assembly of Virginia:

1. § 1. That the Secretary of Health and Human Resources (the Secretary) shall convene a work group to study the impact of private equity on health care. The work group shall (i) analyze current health care facility ownership transparency requirements in the Commonwealth and compare them to requirements in other states and federally, (ii) identify the risks and benefits to the public of greater ownership transparency of health care facilities, (iii) analyze the risks and benefits of private equity acquisition of health care facilities, and (iv) create policy recommendations to promote greater transparency in the ownership of health care facilities within the Commonwealth. The work group shall include relevant stakeholders, including representatives from the Virginia Association of Health Plans, the Virginia Hospital and Healthcare Association, the Medical Society of Virginia, the Virginia Health Care Association, and other stakeholders as deemed relevant and appropriate. The Secretary shall submit a report on the work group's findings and recommendations to the Chairs of the House Committee on Health and Human Services and the Senate Committee on Education and Health by November 1, 2026.