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HB1458 • 2026

Health care facilities; SHHR to study impact of private equity on health care.

<p class=ldtitle>A BILL to direct the Secretary of Health and Human Resources to convene a work group to study the impact of private equity on health care.</p>

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Downey
Last action
2026-02-06
Official status
Continued
Effective date
Not listed

Plain English Breakdown

The official source material does not provide details on who will be part of the work group or what actions may follow based on their findings.

Health Care Study for Private Equity Impact

This bill directs the Secretary of Health and Human Resources to form a work group that will study how private equity affects health care and submit their findings by November 1, 2026.

What This Bill Does

  • Directs the Secretary of Health and Human Resources to convene a work group to study the impact of private equity on health care.

Who It Names or Affects

  • The Secretary of Health and Human Resources
  • Members of the work group studying the impact

Terms To Know

Private Equity
Money from investors used to buy or invest in companies, often with the goal of making them more profitable.
Work Group
A team brought together for a specific purpose, like studying an issue and suggesting solutions.

Limits and Unknowns

  • The bill does not specify who will be part of the work group.
  • It is unclear what actions might follow based on the report's findings.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

HB1458AHC1

2026-02-02

Rules Amendment

Plain English: The amendment adds LeadingAge Virginia to the list of organizations that will be involved in studying the impact of private equity on health care.

  • Adds LeadingAge Virginia as a participant in the work group.
  • The exact role and responsibilities of LeadingAge Virginia within the work group are not specified in the amendment text.

Bill History

  1. 2026-02-06 Rules

    Continued to 2027 in Rules (Voice Vote)

  2. 2026-02-02 Studies Subcommittee

    Subcommittee recommends continuing to 2027 (Voice Vote)

  3. 2026-02-02 Studies Subcommittee

    House subcommittee offered

  4. 2026-02-02 Studies Subcommittee

    House subcommittee offered

  5. 2026-01-30 Studies Subcommittee

    Assigned HRUL sub: Studies Subcommittee

  6. 2026-01-23 House

    Presented and ordered printed 26105265D

  7. 2026-01-23 Rules

    Referred to Committee on Rules

Official Summary Text

Secretary of Health and Human Resources; private equity ownership of health care facilities; work group; report.
Directs the Secretary of Health and Human Resources (the Secretary) to convene a work group to study the impact of private equity on health care. The bill requires the Secretary to submit a report on the work group's findings and recommendations to the Chairs of the House Committee on Health and Human Services and the Senate Committee on Education and Health by November 1, 2026.

Current Bill Text

Read the full stored bill text 
HB 1458

SUBCOMMITTEE

1. Line 18, introduced, after
Care Association,

insert

LeadingAge Virginia,