This bill aims to improve public health by implementing three key regulatory changes for healthcare organizations: First, it seeks to restrict private equity firms from acquiring hospitals, which could help prevent financial motivations from potentially compromising patient care. Second, the bill prohibits hospitals from engaging in real estate investment trust (REIT) transactions, which are financial arrangements that could potentially prioritize financial returns over healthcare delivery. Third, the legislation establishes requirements that medical groups and ambulatory surgical centers (outpatient surgical facilities) must be primarily owned and led by physicians, with the likely intent of ensuring medical decision-making remains primarily in the hands of healthcare professionals rather than corporate or purely financial entities. By introducing these restrictions, the bill appears designed to prioritize patient care, medical professional autonomy, and potentially reduce the influence of purely profit-driven healthcare business models.