Take Back Our Hospitals Act of 2026

The Take Back Our Hospitals Act would amend Medicare law to prohibit hospitals and skilled nursing facilities owned or controlled by private equity firms from receiving Medicare payments. If enacted, the bill would effectively prevent private equity ownership of these healthcare facilities, as Medicare funding is critical to their operations. The bill would provide a three-year transition period for facilities already owned by private equity firms as of the bill's enactment date, after which they would become ineligible for Medicare reimbursement.

Proponents argue that private equity ownership of hospitals and nursing homes has led to reduced services, staffing cuts, and higher patient costs while degrading care quality. According to supporters, more than 400 hospitals and nursing homes are currently owned by private equity firms. The bill is currently in the Senate committee stage and has not yet been voted on by the full chamber.