The proposed bill, General Assembly Proposed Bill No. 6570, aims to prohibit private equity firms from acquiring, owning, or controlling health care providers' practices or health care facilities. This legislation seeks to ensure that health care services remain under the control of medical professionals rather than nonmedical entities, thereby safeguarding patient access to quality health care.

Additionally, the bill mandates that administrators of health care provider practices and facilities disclose their ownership structures and report any significant changes in ownership to the Health Systems Planning Unit. The Attorney General is also granted the authority to enforce these provisions. The bill reflects a commitment to transparency and accountability in the health care sector, addressing concerns about the consolidation of services by private equity firms.