Private equity health care firms must get licenses and report data.
H.R. 9910 — Health Over Wealth Act · Filed by Pramila Jayapal (D-WA) · 2 cosponsors · Introduced Jul 23, 2026 · Referred to committee
Your members of Congress
Enter a ZIP to see where your representative and both senators stood on this bill.
Looked up on this device — your ZIP is never stored on our servers.
What it does
Private equity companies that own health care businesses must get a license. They must report detailed money and worker information to the government. The bill requires firms to set aside money in escrow. This protects against health care facility closures. The bill also stops certain real estate deals that weaken health care finances. It creates a task force to study how private equity affects health care.
Who it affects
Patients and families gain clearer information about who owns their providers. They get stronger protections if a facility might close. Health care workers get stronger protections in bankruptcy cases. Private equity firms must follow new rules and pay licensing fees.
One thing to notice
The federal government gets broad power to deny licenses and stop deals. The law does not define key terms like price gouging, understaffing, and access barriers.
From the analysis of the bill text, linked under Primary records below.
Where it stands
2 cosponsors: 2 Democrats.
- Jul 23, 2026 — Introduced · Congress.gov: “Introduced in House”
- Jul 23, 2026 — Referred to House Committee on the Judiciary and House Committee on Ways and Means · Congress.gov: “Referred to the Committee on Energy and Commerce, and in addition to the Committees on Financial Services…”
Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.
Words to know
- private equity — investment companies that buy and manage other businesses to make profit.
- escrow — money held by a third party and released if conditions are met.
- licensing — official permission from the government to do a specific business activity.
- bankruptcy — a legal process when a company cannot pay its debts.
How this was measured
Analysis — Quorum's AI read the bill text published by Congress.gov (43,686 characters) on Jul 31, 2026. Section numbers in the findings refer to that text, linked below; transparency and hidden-provision scores are compared against the median of 14,206 analysed bills.
Status and sponsors — Congress.gov's bill record — actions, committee referrals and cosponsors — loaded nightly. The timeline shows status changes, not every procedural action.
As of — page rendered 2026-09-17.
“Private equity health care firms must get licenses and report data.” QuorumCivic. https://share.quorumcivic.app/bill/119/hr9910/simple Report an error