Referred to the Committee on Ways and Means, and in addition to the Committees on the Judiciary, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
The Corporate Crimes Against Health Care Act creates criminal and civil penalties targeting private equity firms and corporate executives whose practices harm patients and healthcare workers. The bill establishes an "unjust enrichment clawback" mechanism allowing federal and state authorities to recover compensation—including salaries, bonuses, and equity gains—earned by executives during the 10 years before or after a triggering event such as widespread wage defaults, facility closures, or bankruptcy, with violations carrying prison sentences of 1-6 years and civil penalties up to five times the clawed-back amount. The legislation also requires healthcare entities to report ownership structures, debt levels, and executive compensation to the federal government starting January 2027, imposes new restrictions on real estate investment trust arrangements in healthcare, and establishes a three-year HHS Inspector General study on profit-driven practices and their impact on patient care and healthcare workers. Recovered funds are directed toward employee benefits or community healthcare needs, with bankruptcy-related clawbacks prioritizing unfunded pension obligations. The bill affects private equity firms, healthcare executives, hospitals, health systems, and physician practices across the country.
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