Prospect Medical Holdings, a formerly private equity-backed national health system, owes Connecticut $67 million in taxes. In 2018, Prospect sold the land and buildings from hospitals it owns in Connecticut, California and Pennsylvania to Medical Properties Trust for $1.4 billion, then leased back those hospitals from the trust. The bill would require the Office of Health Strategy to develop a plan by the end of this year regarding private equity ownership in nursing homes.
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Read more at The Connecticut Mirror