News & Analysis as of

New Legislation Mergers Notice Requirements

McGuireWoods LLP

Washington State Proposed Bills May Impact Healthcare Transactions and Investments

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The Washington State Legislature proposed bills that would not only amend existing state laws related to healthcare transaction notices to require state approval of transactions but would also strengthen corporate practice...more

Dorsey & Whitney LLP

Indiana Notification of Health Care Transactions Law Takes Effect

Dorsey & Whitney LLP on

On July 1, 2024, Indiana’s new health care transactions notification law takes effect. The law is designed to increase government oversight of mergers and acquisitions involving health care entities....more

Goodwin

State Healthcare Transaction Notification Laws - Vermont

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Key Takeaways - ..Requires parties to provide notice to the Vermont Attorney General (“VT AG”) for transactions involving Vermont hospitals that are acquiring medical practices. ..The parties must provide 90 days...more

Goodwin

State Healthcare Transaction Notification Laws - Rhode Island

Goodwin on

Key Takeaways - ..Parties must obtain approval from the Rhode Island Attorney General (“RI AG”) and Department of Health (“DOH”) for certain transactions involving Rhode Island hospitals. ..Under the statute, the RI...more

Goodwin

State Healthcare Transaction Notification Laws - New York

Goodwin on

Key Takeaways - ..Requires parties to provide notice to the New York Department of Health (“NYDOH”) of certain transactions involving “health care entities”. ..The parties must provide 30 days notice before closing to...more

Goodwin

State Healthcare Transaction Notification Laws - Washington

Goodwin on

Key Takeaways - ..Requires parties to provide notice to the Washington Attorney General (“WA AG”) for certain transactions involving hospitals, hospital systems, and provider organizations, as well as transactions...more

Goodwin

State Healthcare Transaction Notification Laws - Minnesota

Goodwin on

Key Takeaways - ..Requires parties to provide notice to the Minnesota Department of Health (“MDH”) and the Minnesota Attorney General (“MN AG”) to determine whether certain mergers, acquisitions, purchases, or sales...more

Goodwin

State Healthcare Transaction Notification Laws - Nevada

Goodwin on

Key Takeaways - ..Requires parties to provide notice to the Nevada Attorney General (“NV AG”) for certain transactions involving “group practices” or “health carriers” in the state. ..The parties must provide notice...more

Goodwin

State Healthcare Transaction Notification Laws - Massachusetts

Goodwin on

Key Takeaways - ..Requires parties to provide notice to the Massachusetts Attorney General (“MA AG”), the Commission, and the Center for Health Information and Analysis for transactions involving certain health facilities...more

Goodwin

State Healthcare Transaction Notification Laws - Connecticut

Goodwin on

Key Takeaways - ..Requires parties to provide notice to the Connecticut Attorney General (“CT AG”) for certain transactions involving Connecticut group practices, as well as transactions involving a hospital, hospital...more

Goodwin

State Healthcare Transaction Notification Laws - Indiana

Goodwin on

Key Takeaways - ..Requires parties to provide notice to the Indiana Attorney General (“IN AG”) relating to certain mergers or acquisitions between an Indiana “health care entity” and another health care entity with total...more

Goodwin

State Healthcare Transaction Notification Laws - California

Goodwin on

The California Office of Health Care Affordability and the California Attorney General both require entities to provide notification about certain healthcare transactions. We provide details about both sets of requirements...more

Goodwin

State Healthcare Transaction Notification Laws - Colorado

Goodwin on

Key Takeaways - ..Requires parties to provide notice to the Colorado Attorney General (“CO AG”) for certain healthcare mergers, acquisitions, affiliations and other transactions involving hospitals. ..The parties must...more

Goodwin

Indiana Enacts Broad Notification Requirements for Healthcare Transactions with a Clear Focus on Private Equity

Goodwin on

Earlier this year, Indiana joined a growing number of states by enacting a new notification requirement for certain healthcare transactions. Indiana Senate Bill Number 9 (SB 9), effective July 1, 2024, is likely to require...more

McDermott Will & Schulte

California AB 3129 Targets the Health Facility Transactions Approval Process

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

Benesch

New State Healthcare Antitrust Laws Require Pre-Closing Notice for Certain Healthcare Transactions

Benesch on

During the past year, a number of states have enacted antitrust legislation relating to healthcare entities, which, once effective, will implement a dedicated health care transaction review process by relevant state agencies....more

Holland & Knight LLP

Baby HSRs: States Are Modeling Laws After Federal Act to Investigate More Transactions

Holland & Knight LLP on

In a growing trend, states are enacting laws modeled after the federal Hart-Scott-Rodino (HSR) Act, which requires parties to proposed transactions that satisfy certain reporting thresholds to first provide information to the...more

Goodwin

New York Enacts Requirement for Healthcare Entities to Provide Notice of “Material Transactions”

Goodwin on

On May 3, 2022, the New York Legislature passed legislation to regulate certain “material transactions” involving healthcare providers and others who provide administrative or management services to other healthcare...more

Snell & Wilmer

California Cares . . . About Employees Losing Flexible Spending Account (“FSA”) Funds

Snell & Wilmer on

California recently approved Assembly Bill 1554, adding a flexible spending account notice requirement to § 2810.7 of the California Labor Code. The new law, which takes effect January 1, 2020, states...more

McDermott Will & Schulte

The Latest: Health Care Transactions Will Require Advance Notice to Washington State AG

What Happened: • On May 7, 2019, Governor Jay Inslee of Washington State signed House Bill 1607 into law. The law goes into effect for transactions closing after January 1, 2020, and requires advance notice to the...more

McGuireWoods LLP

New California Law Impacting Change in Control of Grocery Stores

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The new law, Assembly Bill 359, will require that, upon a “change in control” of a “grocery establishment,” the seller must prepare a list of “specified eligible grocery workers” for a successor grocery employer, which would...more

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