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ME LD2198

Bill

Status

Failed

3/3/2026

Primary Sponsor

Unknown

Origin

House of Representatives

132nd Legislature

AI Summary

  • Prohibits any transaction with a health care entity in Maine where the debt-to-equity ratio exceeds 50%

  • Defines "health care entity" to include health care providers, facilities, and provider organizations, but explicitly excludes nursing facilities

  • Covers a broad range of facilities including hospitals, ambulatory surgical centers, diagnostic and imaging centers, freestanding emergency facilities, outpatient clinics, and rehabilitation settings

  • Applies to provider organizations such as physician-hospital organizations, independent practice associations, accountable care organizations, and management services organizations

  • Implements a recommendation from the Commission to Evaluate the Scope of Regulatory Review and Oversight over Health Care Transactions

Legislative Description

An Act to Implement Certain Recommendations Related to the Ratio of Debt to Equity in Transactions Involving Health Care Entities from the Commission to Evaluate the Scope of Regulatory Review and Oversight over Health Care Transactions That Impact the Delivery of Health Care Services in the State

Health Care Facilities

Last Action

Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)

3/3/2026

Committee Referrals

Health Coverage, Insurance and Financial Services2/10/2026

Full Bill Text

No bill text available