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California › Healthcare Reform › Private Equity

McDermott Will & Schulte

California Amends AB 1415, Bill That Expands OHCA’s Healthcare Transaction Review Authority

McDermott Will & Schulte on

The California Assembly amended Assembly Bill (AB) 1415 on April 24, 2025. The bill aims to bring healthcare investments by private equity groups and hedge funds more fully into the scope of the California Office of Health...more

Snell & Wilmer

Proposed Senate Bill in California Would Strengthen Restrictions on Hedge Fund and Private Equity Investments in Healthcare

Snell & Wilmer on

On February 12, 2025, Senator Christopher Cabaldon introduced Senate Bill 351 (“SB 351” or “the bill”), to strengthen and codify the corporate practice of medicine doctrine (CPOM) in California as it relates to private equity...more

McDermott Will & Schulte

California AB 1415 Aims to Expand OHCA’s Healthcare Transaction Review Authority

McDermott Will & Schulte on

On February 21, 2025, Assembly Member Mia Bonta introduced AB 1415, a bill that aims to bring healthcare investments by private equity groups and hedge funds more fully into the scope of the California Office of Health Care...more

Sheppard Mullin Richter & Hampton LLP

Update: AB 3129 Passes in California Senate and Nears Finish Line

Sheppard Mullin Richter & Hampton LLP on

After its passage in the California Senate on August 31, 2024, Assembly Bill No. 3129 (AB 3129) is now headed to Governor Newsom’s desk. As discussed in depth in our previous blog series on AB 3129, the legislation would...more

Sheppard Mullin Richter & Hampton LLP

California Attorney General Advocates for Greater Antitrust Enforcement in Private Equity in Healthcare

Sheppard Mullin Richter & Hampton LLP on

On June 6, 2024, California Attorney General Rob Bonta announced that he led a multistate coalition of eleven (11) state attorneys general in in submitting a comment letter (the “Comment Letter”) in response to the Federal...more

Sheppard Mullin Richter & Hampton LLP

California’s AB 3129: A New Hurdle for Private Equity Health Care Transactions on the Horizon?

Sheppard Mullin Richter & Hampton LLP on

Parties involved in or considering health care transactions in California have been focused on navigating the new rules set by California’s Office of Health Care Affordability (OHCA), and newly proposed legislation could...more

McDermott Will & Schulte

California AB 3129 Targets the Health Facility Transactions Approval Process

McDermott Will & Schulte on

On February 16, 2024, Assemblymember Jim Wood introduced Assembly Bill (AB) 3129, which targets healthcare consolidation involving private equity groups and hedge funds. The bill, if enacted, would require private equity...more

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