,,ii #aaith ,,congress #b;d ,session ,s4 #djhe ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,march #ab1 #bjbf,mr4 ,murphy 7for himself1 ,mr4 ,blumenthal1 and ,mr4 ,merkley7 introduced the following bill2 which was read twice and referred to the ,committee on ,finance ,a ,,bill ,to amend title ,,xviii of the ,social ,security ,act to prevent hospitals or skilled nursing facilities that are owned by certain firms from participating in the ,medicare program4 #a4 ,short title ,this ,act may be cited as the ,take ,back ,our ,hospitals ,act of #bjbf4 #b4 ,preventing hospitals and skilled nursing facilities owned by certain firms from participating in ,medicare ,section #ahfb of the ,social ,security ,act 7#db ,u4,s4,c4 #aciey7 is amended by adding at the end the following new subsection3 7p7 ,prohibition on payments to hospitals and skilled nursing facilities owned by certain firms 7#a7 ,in general 7,a7 ,prohibition ,no payment may be made under this title to a hospital or skilled nursing facility that is owned or controlled by a covered firm or an affiliate of a covered firm4 7,b7 ,exception ,if1 on the date of enactment of this subsection1 a hospital or skilled nursing facility is owned or controlled by a covered firm or an affiliate of such a firm1 such hospital or skilled nursing facility shall not be considered in violation of subparagraph 7,a7 until the date that is #c years after such date of enactment4 7#b7 ,notice1 hearing1 and judicial review ,any hospital or skilled nursing facility found to be in violation of paragraph 7#a7 shall be entitled to reasonable notice and opportunity for hearing as described in section #aabh7;f74 7#c7 ,joint and several liability ,a covered firm or an affiliate of such a firm that owns or is an affiliate of a hospital or skilled nursing facility that is in violation of paragraph 7#a7 shall be jointly and severally liable for any penalty or obligation such hospital or skilled nursing facility receives for such violation4 7#d7 ,definitions ,in this subsection3 7,a7 ,affiliate ,the term affiliate means an entity that controls1 is controlled by1 or is under common control with another entity4 7,b7 ,control 7i7 ,in general ,the term control means to possess the power1 directly or indirectly1 to direct1 or cause the direction of1 the management1 administrative functions1 assets1 or policies of an entity through owning voting securities in such entity1 contracting with such entity 7except for contracting with such entity for goods or non-management services71 or other similar means1 as determined by the ,secretary4 7ii7 ,voting securities ,a person shall be considered to control an entity if such person directly or indirectly owns1 has rights over1 or holds with the power to vote1 #aj percent or more of the voting securities of such entity4 7,c7 ,corporation ,the term corporation means-- 7i7 a joint-stock company2 7ii7 a company or partnership association organized under a law that makes only the capital subscribed or callable up to a specified amount responsible for the debts of the company or partnership association1 and includes a limited partnership and a limited liability company2 7iii7 a trust2 or 7iv7 an association that-- 7,i7 possesses the power or privilege of a private corporation under ,state law2 and 7,,ii7 does not possess the power or privilege of a sole proprietorship or partnership under ,state law4 7,d7 ,covered firm ,the term covered firm means-- 7i7 a private equity fund2 7ii7 a corporation that is owned or controlled by a private equity fund2 or 7iii7 a real estate investment trust4 7,e7 ,private equity fund ,the term private equity fund means a person who-- 7i7 would be considered an investment company under section #c of the ,investment ,company ,act of #aidj 7#ae ,u4,s4,c4 #hj;a-#c7 but for the application of paragraph 7#a7 or 7#g7 of subsection 7c7 of such section2 and 7ii7 directly1 or through an affiliate1 acts as a control person of such company4 7,f7 ,real estate investment trust ,the term real estate investment trust has the meaning given such term in section #hef of the ,internal ,revenue ,code of #aihf4 4