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 prevent the consolidation of health care services by nonmedical entities, thereby safeguarding patient access to quality health care. The bill also mandates that the administrators of health care provider practices and facilities disclose their ownership structures and any significant changes in ownership to the Health Systems Planning Unit.

Additionally, the bill empowers the Attorney General to enforce these provisions, ensuring compliance with the new regulations. The key insertions in the bill include the prohibition of private equity ownership and the requirement for disclosure of ownership changes, while no deletions from current law are specified. Overall, the bill reflects a commitment to maintaining the integrity of health care services and protecting patient interests.