The Health Over Wealth Act aims to amend the Public Health Service Act by requiring the Secretary of Health and Human Services to enforce transparency and accountability requirements for for-profit corporations and private equity firms involved in owning health care systems....
Simple Explanation
The Health Over Wealth Act is like a rulebook for big companies that own hospitals, making them share details about how they work and spend money, so everyone knows what's going on. It also asks these companies to keep some extra money safe to make sure hospitals stay open and help people, even if things get tough.