--- title: News and Updates for Argentum Advocates | Private Equity description: Private Equity | News and updates for subscribers to the Argentum Advocates program focused on engaging those interested in advancing senior living on Capitol HIll. --- [Argentum Logo\_RGB2](https://argentum.org) Search - [About Argentum](https://argentum.org/about-argentum/) - [Leadership](https://argentum.org/about-argentum/leadership/) - [State Partners](https://argentum.org/about-argentum/state-partners/) - [Membership](https://argentum.org/about-argentum/membership/) - [Media Kit](https://www.argentum.org/advertising-and-sponsorship/) - [Advocacy](https://argentum.org/advocacy/) - [Federal Advocacy](https://argentum.org/advocacy/federal-advocacy/) - [State Advocacy](https://argentum.org/advocacy/state-advocacy/) - [Silver PAC](https://argentum.org/advocacy/silver-pac/) - [Advocacy News](https://www.argentum.org/advocacy/advocacy-news/) - [Events](https://argentum.org/events/) - [Senior Living Executive Conference](https://conference.argentum.org) - [Webinars](https://www.argentum.org/webinars/) - [Executive Director Leadership Institute](https://edli.argentum.org/) - [Chief Executive Summit](https://argentum.org/events/chief-executive-summit/) - [Advocacy Fund Golf Classic](https://www.argentum.org/golfclassic/) - [Senior Living Symposium](https://symposium.argentum.org/) - [Public Policy Institute & Fly-In](https://argentum.org/events/public-policy-institute-fly-in/) - [Media](https://argentum.org/media/) - [Coronavirus Toolkit](https://www.argentum.org/coronavirustoolkit/) - [Press Releases](https://argentum.org/press-releases/) - [Senior Living Executive Magazine](https://argentum.org/media/senior-living-executive-magazine/) - [Argentum Daily](https://argentum.org/media/argentum-e-newsletter/) - [Senior Living Professional](https://www.argentum.org/senior-living-professional/) - [Members in the News](https://argentum.org/topic/members-in-the-news/) - [Search by Topic](https://argentum.org/media/search-by-topic/) - [Research & Initiatives](https://argentum.org/research-and-initiatives/) - [Senior Living Impact](https://seniorlivingimpact.org/) - [Senior Living Works](https://seniorliving.works) - [Senior Living IQ](https://seniorlivingiq.org) - [Women in Leadership](https://www.argentum.org/research-and-initiatives/women-in-leadership/) - [Argentum Quarterly](https://argentum.org/research-and-initiatives/argentum-quarterly/) - [Awards Programs](https://www.argentum.org/research-and-initiatives/awards-recognition-programs/) - [LEAD Program](https://www.argentum.org/lead-program/) - [Standards for Senior Living](https://www.argentum.org/research-and-initiatives/standards-for-senior-living/) - [Professional Development](https://argentum.org/professional-development/) - [Senior Living Supplier Directory](https://seniorlivingsupplierdirectory.com/) - [Senior Living Career Center](http://seniorlivingcareers.argentum.org/) - [Certificate Programs and Certification](https://argentum.org/professional-development/professional-certification/) - [Resource Library](https://www.argentum.org/professional-development/resource-library/) - [Executive Roundtables](https://argentum.org/professional-development/executive-roundtables/) ## [Confirmed: Private Equity Companion Bill Excludes Assisted Living](https://blog.argentum.org/confirmed-private-equity-companion-bill-excludes-assisted-living) Posted by [Argentum](https://blog.argentum.org/author/argentum) on September 30, 2024 at 7:30 AM - [Tweet](https://twitter.com/share) Last Friday, September 27, the House of Representatives officially published the text of [H.R. 9156](https://www.congress.gov/bill/118th-congress/house-bill/9156), the Health Over Wealth Act, introduced in July by Representative Pramila Jayapal (D-WA). This bill would place new requirements on private investment in the health care industry, to include requiring the Department of Health & Human Services to review and approve any mergers/acquisitions of a "health care facility" by a REIT or Private Equity firm. Argentum is pleased to confirm that the House version of the bill **does not include assisted living** in the definitions of covered health care entities subject to the bill’s requirements; it is therefore a direct companion of [S. 4804](https://www.congress.gov/bill/118th-congress/senate-bill/4804) introduced in July by Senator Ed Markey (D-MA). While we were internally confident that both the House and Senate version were the same, as communicated by lawmakers in our outreach, we were not able to officially confirm this until the House of Representatives published the text of the legislation. We sincerely appreciate all the advocacy efforts by our State Partner, the Massachusetts Assisted Living Association (Mass-ALA), our members, and other stakeholders who helped make this possible. Excluding assisted living from the bill is a direct result of a months-long campaign to raise serious concerns about the consequences of limiting private capital investment in assisted living. [Read More](https://blog.argentum.org/confirmed-private-equity-companion-bill-excludes-assisted-living) Topics: [Private Equity](https://blog.argentum.org/topic/private-equity) ## [Assisted Living Removed from Private Equity Legislation at Urging of Argentum](https://blog.argentum.org/assisted-living-removed-from-private-equity-legislation-at-urging-of-argentum) Posted by [Argentum](https://blog.argentum.org/author/argentum) on July 29, 2024 at 12:20 PM - [Tweet](https://twitter.com/share) Last Thursday, Senator Ed Markey (D-MA) introduced [S. 4804](https://www.congress.gov/bill/118th-congress/senate-bill/4804), the Health Over Wealth Act, a bill to place new requirements on private investment in the health care industry. A House companion bill, [H.R. 9156](https://www.congress.gov/bill/118th-congress/house-bill/9156), was introduced by U.S. Representative Pramila Jayapal (D-WA). After months of sustained advocacy efforts in which Argentum called for assisted living to be exempted from any private equity legislation, the final version of the legislation as it was introduced does not include assisted living in the primary definition of covered health care entities subject to the bill's requirements. This is significant because, while the legislation has little chance of passage in the closing weeks of the 118th Congress, it was critical that assisted living be exempted from the definition in the event that provisions of the bill are added to other legislation in this Congress or, as is likely, it is reintroduced in the next Congress. Argentum worked directly with Senator Markey's office and key members of the Senate Health Education Labor and Pensions (HELP) Committee since the discussion draft was first released in April. In addition, Argentum along with its State Partner, the Massachusetts Assisted Living Association, held meetings with Senator Markey’s office to discuss why assisted living did not belong with other entities that were initially included in the legislation, as well as the positive impact private finance has on the senior living sector that has yielded quality care and high resident satisfaction. | ![New Advocate Logo 4C-3](https://blog.argentum.org/hs-fs/hubfs/New%20Advocate%20Logo%204C-3.png?width=1014&height=663&name=New%20Advocate%20Logo%204C-3.png)   | **Argentum Advocates Monthly Policy Briefing**Join us this **Wednesday, July 31 at 2:00 p.m. ET** for the Argentum Advocates monthly policy briefing, which will provide important details about the Health Over Wealth Act and our efforts to exclude assisted living from the legislation. Argentum Advocates are invited to these exclusive sessions to hear directly from Argentum’s federal lobbyists on our current federal and state public policy efforts. [Register now.](https://us06web.zoom.us/webinar/register/WN_rlXPpfTGSFesrpyS985KBQ) | | --- | --- |   [Read More](https://blog.argentum.org/assisted-living-removed-from-private-equity-legislation-at-urging-of-argentum) Topics: [Private Equity](https://blog.argentum.org/topic/private-equity) ## [Researchers Urge Policymakers to Pause Efforts That Would Limit Investment in Assisted Living](https://blog.argentum.org/researchers-urge-policymakers-to-pause-efforts-that-would-limit-investment-in-assisted-living) Posted by [Argentum](https://blog.argentum.org/author/argentum) on June 19, 2024 at 8:25 AM - [Tweet](https://twitter.com/share) This morning, the prestigious Journal of Health Affairs published an [editorial](https://www.healthaffairs.org/do/10.1377/forefront.20240614.729398/) (“Private Equity Investment In Assisted Living: Distinct Impacts And Policy Considerations”) on its policy blog *Forefront* by a team of academic researchers from Brown University, Georgetown University, Johns Hopkins University, and others studying private equity (PE) investment in assisted living.  [Read More](https://blog.argentum.org/researchers-urge-policymakers-to-pause-efforts-that-would-limit-investment-in-assisted-living) Topics: [Value of Assisted Living](https://blog.argentum.org/topic/value-of-assisted-living), [Private Equity](https://blog.argentum.org/topic/private-equity) ## [New Legislation Targets Private Equity in Health Care](https://blog.argentum.org/new-legislation-targets-private-equity-in-health-care) Posted by [Argentum](https://blog.argentum.org/author/argentum) on June 12, 2024 at 2:24 PM - [Tweet](https://twitter.com/share) Yesterday, Senators Elizabeth Warren (D-MA) and Ed Markey (D-MA) introduced [S. 4503](https://www.congress.gov/bill/118th-congress/senate-bill/4503), the [Corporate Crimes Against Health Care Act of 2024](https://www.warren.senate.gov/newsroom/press-releases/senators-warren-markey-introduce-the-corporate-crimes-against-health-care-act-of-2024) to address alleged private equity and corporate abuse in health care (see [bill text](https://www.warren.senate.gov/imo/media/doc/Corporate%20Crimes%20Against%20Health%20Care%20Act%206.11.24.pdf) and [summary](https://www.warren.senate.gov/imo/media/doc/Corporate%20Crimes%20Against%20Health%20Care%20Act%20one-pager.pdf)). It was introduced in response to the Steward Health Care bankruptcy affecting 8 hospitals in Massachusetts. The legislation primarily targets hospitals, certain physician practices and nursing homes, but also includes assisted living communities, hospice programs, and home health agencies among other specified entities subject to the legislation. The bill also provides the Secretary of the Department of Health the authority to add other entities that “furnish health care items and services” and imposes a number of criminal, civil and financial sanctions and requirements on private equity and similar entities as well as executives. Provisions in the legislation include: [Read More](https://blog.argentum.org/new-legislation-targets-private-equity-in-health-care) Topics: [Private Equity](https://blog.argentum.org/topic/private-equity) [All posts](https://blog.argentum.org/all) ## Stay Connected Get updates on the latest news in the senior living community. ### Footer Newsletter - [Contact Us](https://argentum.org/about-argentum/leadership/staff/) - [Terms of Use](https://argentum.org/terms-of-use/) - [Privacy Policy](https://argentum.org/privacy-policy/) - [Trademarks](https://argentum.org/trademarks/) - [Senior Living Supplier Directory](https://seniorlivingsupplierdirectory.com/) - [Senior Living Career Center](https://https://seniorlivingcareers.argentum.org/) - [Cookie Policy](https://www.argentum.org/cookie-policy/) [![Review](https://www.argentum.org/wp-content/uploads/2020/02/GPTW-2020-2021-Graphic.png)](http://www.greatplacetowork.com/certified-company/7011541)1650 King Street, Suite 602 Alexandria, VA 22314 [(703) 894-1805](tel:703-894-1805) Argentum is the leading national trade association serving companies that own, operate, and support professionally managed senior living communities in the United States. ©2026 Argentum - [LinkedIn](https://www.linkedin.com/company/alfa---assisted-living-federation-of-america) - [Facebook](https://www.facebook.com/ArgentumSeniorLiving/) - [Twitter](https://twitter.com/argentum) - [YouTube](https://www.youtube.com/user/assistedlivingfed)