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S. 4085 (119th Congress)Committee
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Take Back Our Hospitals Act of 2026

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Summary

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This bill amends the Social Security Act to prohibit Medicare from making payments to hospitals or skilled nursing facilities owned or controlled by private equity firms, private equity-controlled corporations, or real estate investment trusts. Existing facilities owned by such entities would have a three-year transition period before the prohibition takes effect. The bill establishes definitions for "covered firms" and related terms, and provides for notice, hearing, and joint liability provisions.

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