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National Law Review
National Law Review
6/25/2026
Vermont Law Restricts Private Equity Control Over Healthcare Clinical Decisions

Vermont Law Restricts Private Equity Control Over Healthcare Clinical Decisions

Original: Vermont’s H. 583 Restricts Private Equity and Hedge Funds with Ownership and Controlling Interests from Interfering with Clinical Judgment of Health Care Providers

Short summary

Vermont's H. 583 (effective July 1, 2026) prohibits private equity and hedge funds from interfering with healthcare providers' clinical judgment and autonomy. Healthcare facilities must disclose PE/hedge fund ownership interests to the Green Mountain Care Board by March 1, 2027. The law bans non-licensed entities from controlling clinical decisions, staffing, pricing, or medical standards.

  • PE/hedge funds banned from influencing clinical decisions, patient care plans, or provider hiring/firing
  • Mandatory ownership disclosure to Vermont health authority by March 2027
  • Applies to all healthcare facilities and management services organizations doing business in Vermont

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