realestate

States Target Healthcare REITs in Regulatory Crackdown

State lawmakers target real estate investment trusts in bid to curb healthcare costs.

S
tate lawmakers are targeting real estate investment trusts (REITs) they believe harm patients, focusing on bills to limit their ownership of healthcare facilities.

    Legislators argue that REITs prioritize profits over patient care, leading to subpar services and high costs. They point to examples where REIT-owned hospitals have struggled with staffing shortages and outdated equipment.

    Some lawmakers are pushing for stricter regulations on REITs, including requirements for transparency in financial dealings and measures to ensure facilities meet minimum standards of care. Others advocate for outright bans on REIT ownership of certain types of healthcare facilities.

US states crack down on healthcare REITs in regulatory action nationwide.