Region
High-income OECD
Income group
High income
Most populous city
New York City

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Disclaimer: Note that the following information is not part of the score that the country receives on the Investing Across Sectors indicators. This information is provided as complementary to the data on the foreign ownership restrictions, and is based on the survey respondents’ comments and assessments. The World Bank Group does not guarantee accuracy of this information.

Sector group:
Health care & waste management
Sector:
Health care: A foreign company seeking to own and operate hospitals or clinics. Note: Excluded from the definition are ownership of pharmacies and drug distribution. It is assumed that healthcare facilities will only employ properly licensed local medical staff.
Market structure:
 
Survey respondents' answer to the following question, "Define the market structure in your economy for this sector."
Competitive market, i.e. Many firms
Regulatory license:
 
Survey respondents' answer to the following question, "If a foreign company wanted to obtain a sector-specific regulatory license (or a concession contract) to open and operate a new business in that sector, how likely would the government be to issue such a license, provided that the foreign company meets all legal and regulatory requirements?"
Likely
Name of regulatory authority
Depending on state licensure law requirements, a number of agencies could be involved. For Medicare qualification, the Centers for Medicare & Medicaid Services is the agency involved. There is a moratorium on issuance of new provider qualifications; c
Additional comments:
In general, no restriction on foreign ownership, but may need state incorporated entity to obtain licensure and Medicare/Medicaid qualification. There may be state specific requirements that cannot be addressed here.
There are foreign firms currently operating in this sector