What does Preamble of Take Back Our Hospitals Act of 2026 do?

This bill, formally titled 'A BILL To amend title XVIII of the Social Security Act to prevent hospitals or skilled nursing facilities that are owned by certain firms from participating in the Medicare program,' aims to modify the Social Security Act. The bill intends to prevent specific firms' ownership from allowing hospitals or skilled nursing facilities to participate in the Medicare program.

What does SHORT TITLE. of Take Back Our Hospitals Act of 2026 do?

This bill is formally titled the Take Back Our Hospitals Act of 2026.

What does PREVENTING HOSPITALS AND SKILLED NURSING FACILITIES OWNED BY of Take Back Our Hospitals Act of 2026 do?

This section amends the Social Security Act to prohibit Medicare payments to hospitals and skilled nursing facilities owned or controlled by 'covered firms' or their affiliates. A 'covered firm' is defined as a private equity fund, a corporation owned or controlled by a private equity fund, or a real estate investment trust. The definition of 'control' includes possessing the power to direct an entity's management, assets, or policies, including owning 10% or more of voting securities. An 'affiliate' is defined as an entity that controls, is controlled by, or is under common control with another entity. Facilities already owned by covered firms at the time of enactment are given a three-year grace period before the prohibition takes effect. Hospitals or facilities found in violation are entitled to notice, a hearing, and judicial review. Covered firms and their affiliates are jointly and severally liable for penalties or obligations incurred by violating facilities.

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Take Back Our Hospitals Act of 2026

Last updated: 3/12/2026 · Introduced: 3/12/2026

Author: Christopher Murphy (D-CT)

TL;DR (AI)

This bill prohibits Medicare payments to hospitals and skilled nursing facilities owned or controlled by private equity funds, corporations owned by private equity funds, or real estate investment trusts.
Facilities currently owned by these 'covered firms' will have a three-year grace period before the prohibition takes effect.
The bill establishes joint and several liability for covered firms and their affiliates regarding penalties or obligations incurred by violating facilities.

119th Congressin committeeHR. 7920(In Committee)Official page

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Includes provisions on preamble, short title., and 1 more.

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