Health Over Wealth Act
Latest action (23 Jul 2026): Introduced
What this bill does
H.R. 9910, the "Health Over Wealth Act," would add a new title to the Public Health Service Act directing the Secretary of Health and Human Services to increase oversight of for-profit corporations, including those backed by private equity, that own health care providers such as hospitals, physician practices, nursing facilities, hospice programs, and behavioral health or opioid treatment providers. It would require these firms to report detailed financial, ownership, staffing, and political-spending data to HHS, which would create a public database, audit submissions, and issue annual trend reports to Congress. The bill also directs HHS to establish risk-mitigation measures—such as possible escrow requirements or minimum capital investments—aimed at protecting patients and workers if a facility closes or reduces services, restricts certain real estate sale-leaseback arrangements with REITs, and creates a licensing system for private equity firms investing in health care, with fees, denial or revocation authority, and civil penalties for violations.
The bill primarily affects large for-profit health care corporations and private equity funds that own or control health care entities, as well as HHS, the Treasury Department, and the FTC, which would share responsibility for building the reporting system. Patients, health care workers, and communities served by these facilities could be affected indirectly through the transparency and risk-mitigation requirements.
The bill was introduced on July 23, 2026, by Rep. Pramila Jayapal and referred to the House Committees on Energy and Commerce, Financial Services, Ways and Means, and the Judiciary. It has not yet received committee action; further committee review, potential amendment, and votes would be required before it could advance.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Official summary
This bill is in the first stage of the legislative process. It was introduced into Congress on July 23, 2026. It will typically be considered by committee next before it is possibly sent on to the House or Senate as a whole.
Common questions
- What does H.R. 9910 do?
- H.R. 9910, the "Health Over Wealth Act," would add a new title to the Public Health Service Act directing the Secretary of Health and Human Services to increase oversight of for-profit corporations, including those backed by private equity, that own health care providers such as hospitals, physician practices, nursing facilities, hospice programs, and behavioral health or opioid treatment providers. It would require these firms to report detailed financial, ownership, staffing, and political-spending data to HHS, which would create a public database, audit submissions, and issue annual trend reports to Congress. The bill also directs HHS to establish risk-mitigation measures—such as possible escrow requirements or minimum capital investments—aimed at protecting patients and workers if a facility closes or reduces services, restricts certain real estate sale-leaseback arrangements with REITs, and creates a licensing system for private equity firms investing in health care, with fees, denial or revocation authority, and civil penalties for violations. The bill primarily affects large for-profit health care corporations and private equity funds that own or control health care entities, as well as HHS, the Treasury Department, and the FTC, which would share responsibility for building the reporting system. Patients, health care workers, and communities served by these facilities could be affected indirectly through the transparency and risk-mitigation requirements. The bill was introduced on July 23, 2026, by Rep. Pramila Jayapal and referred to the House Committees on Energy and Commerce, Financial Services, Ways and Means, and the Judiciary. It has not yet received committee action; further committee review, potential amendment, and votes would be required before it could advance.
- Has H.R. 9910 become law?
- Not yet. As of 23 Jul 2026, H.R. 9910 is introduced.
- Who sponsored H.R. 9910?
- H.R. 9910 was sponsored by Rep. Pramila Jayapal [D-WA7] (Democrat-WA), with 2 cosponsors.
- What's the latest action on H.R. 9910?
- Introduced (23 Jul 2026).
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