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Healthcare Facilities State Attorneys General Private Equity

Cozen O'Connor

Pennsylvania Legislature Revives Bill Scrutinizing Health Care Transactions

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Throughout the country, state governments have been introducing bills which grant state authorities the ability to closely scrutinize health care transactions – specifically, with an eye toward those involving private equity....more

Bass, Berry & Sims PLC

Indiana Enacts Legislation Affecting Health Care Transactions and Imposing Ownership Reporting Requirements

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On May 6, 2025, Indiana Governor Mike Braun signed Indiana HB 1666 into law. This new law grants Indiana’s attorney general authority to investigate market concentration of health care entities, modifies existing requirements...more

McDermott Will & Schulte

Texas Bills Would Implement Notice Requirements for Healthcare Transactions

In February 2025, Texas Representative James Frank (R) and Texas Senator Kelly Hancock (R) introduced bills to implement notification requirements for healthcare transactions. House Bill (H.B.) 2747 and Senate Bill (S.B.)...more

Jones Day

State Attorneys General Increasing Oversight and Focus on Private Equity in Health Care Industry

Jones Day on

State attorneys general ("AGs") have long had unique police powers over a variety of health care providers in their states. Recently, AGs in several states have used this authority to scrutinize consolidation and corporate...more

McDermott Will & Schulte

SB 1998 Would Add Consent Requirement for PE, Hedge Fund Healthcare Transactions in Illinois

On February 6, 2025, the Illinois state legislature introduced Senate Bill (SB) 1998, aiming to implement an additional layer of scrutiny to covered transactions that are financed by private equity groups or hedge funds. The...more

Fox Rothschild LLP

Changing Landscape: Increasing Scrutiny and Regulation of Health Care Transactions Despite the California AB 3129 Veto

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California Assembly Bill 3129 (“AB 3129”) would have targeted private equity and hedge fund investment in health care entities specifically. It would have required private equity and hedge fund groups to provide 90 days...more

Cozen O'Connor

[Event] Health Care & Life Sciences 2025 - December 5th, Philadelphia, PA

Cozen O'Connor on

Cozen O'Connor will host Health Care & Life Sciences 2025, our annual in-person seminar exploring critical issues impacting health care and life sciences businesses. Join attorneys and professionals from our Health Care &...more

Fenwick & West LLP

California Gov. Vetoes Bill Seeking to Regulate Private Equity Healthcare Transactions

Fenwick & West LLP on

On Saturday, September 28, California Gov. Gavin Newsom vetoed a controversial bill that would have restricted private equity and hedge fund healthcare transactions in the state....more

Fenwick & West LLP

New Regulatory Challenges for Private Equity and Hedge Fund Healthcare Transactions: Understanding the Impact of California’s AB...

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California’s healthcare ecosystem may soon experience significant regulatory changes as Assembly Bill 3129 (AB 3129) heads to Gov. Gavin Newsom's desk for approval....more

Holland & Knight LLP

California Ends the Legislative Session with Expanded Reporting Requirements, Less Clarity

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Amendments made by the California Office of Health Care Affordability (OHCA) to its cost and market impact review (CMIR) regulations became effective on Aug. 22, 2024, and serve to expand the scope of the Health Care Quality...more

Goodwin

California Assembly Bill 3129, Regulating Private Equity- and Hedge Fund-backed Healthcare Transactions, Awaiting Governor’s...

Goodwin on

On August 31, 2024, California’s legislature passed Assembly Bill 3129 (“AB 3129”), which will be enacted if approved by California Governor, Gavin Newsom. AB 3129 would establish a mandatory approval process for a broad...more

Troutman Pepper Locke

California Bill Aims to Increase Oversight Over Health Care Acquisitions

Troutman Pepper Locke on

California Attorney General (AG) Rob Bonta and Assembly Speaker Pro Tempore Jim Wood have introduced new legislation addressing private equity health care deals. The bill, A.B. 3129, would grant the AG oversight over private...more

McDermott Will & Schulte

CA SB 977 Would Expand AG Review of Healthcare Transactions

California Senate Bill (SB) 977, if passed, would broaden the type of healthcare transactions that require California Attorney General (AG) review and approval. SB 977 would require that a healthcare system, private equity...more

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