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Sen. Michele Brooks has amended House Bill 2344 to enhance oversight of hospital mergers and acquisitions in Pennsylvania, following 15 hospital closures linked to ownership changes in the past five years. The legislation mandates advance state notification for deals exceeding $10 million, aiming to ensure community health care stability. Brooks advocates for Meadville Medical Center's acquisition of Sharon Regional Hospital, emphasizing its commitment to the community. The bill has passed the committee unanimously and is set for Senate consideration.
Senator Michele Brooks has amended House Bill 2344 to enhance oversight of hospital mergers and acquisitions in Pennsylvania, following 15 hospital closures linked to ownership changes in the past five years. The legislation mandates advance state-level notification for deals exceeding $10 million, aiming to ensure community health care stability. The bill has passed committee unanimously and is set for full Senate consideration.
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