June 19, 2024
Attorney General Kwame Raoul
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ATTORNEY GENERAL RAOUL ADVOCATES FOR INCREASED OVERSIGHT OF PRIVATE EQUITY HEALTH CARE TRANSACTIONS AND PRACTICES
Attorney General Kwame Raoul, as part of a multistate coalition of 11 attorneys general, submitted a comment letter in response to the Federal Trade Commission and U.S. Departments of Justice and Health and Human Services’ request for information regarding consolidation in health care by private equity. In their letter, the attorneys general lay out possible enforcement and regulatory actions to address the detrimental effects of private equity health care transactions that have harmed patients and undermined the financial viability of health care providers.