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State and Local Government › Acquisitions › Healthcare Facilities

Cozen O'Connor

Pennsylvania Legislature Revives Bill Scrutinizing Health Care Transactions

Cozen O'Connor on

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

Husch Blackwell LLP

California-Based Healthcare Transaction Subjected to OHCA's First Cost and Market Review

Husch Blackwell LLP on

On June 23, 2025, California’s Office of Health Care Affordability (OHCA) issued a determination that a transaction submitted by Covenant Care California, LLC and its subsidiaries under the Material Change Transaction Notice...more

Rivkin Radler LLP

NYS DOH Releases New Electronic Material Transaction Form

Rivkin Radler LLP on

Just last week, we reported that the 2025/26 NYS Budget Bill did not include a provision that would have increased the requirements for seeking Department of Health (DOH) approval of a material healthcare transaction (which...more

McDermott Will & Schulte

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

McDermott Will & Schulte on

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

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

McDermott Will & Schulte

California State Legislature Passes Assembly Bill 3129

McDermott Will & Schulte on

The California State Senate and State Assembly passed Assembly Bill (AB) 3129 on August 31, 2024, immediately prior to the end of the state’s legislative session. The bill now heads to the desk of Governor Gavin Newsom as a...more

Allen Matkins

California Caps Legislative Session By Sending A Weird Hedge Fund Bill To The Governor For A Possible Signature

Allen Matkins on

Last month, I commented on the "weird" definition of "hedge fund" in AB 3129 (Wood).  On the last day of the current session, the legislature passed the bill.  It is now on Governor Newsom's desk....more

Bass, Berry & Sims PLC

California SB 977: Legislation Could Give Unprecedented Power to the California Attorney General to Delay or Block Certain...

Bass, Berry & Sims PLC on

If signed into law, California Senate Bill 977 (SB 977) would significantly expand the California Attorney General’s (AG) ability to review and prohibit certain transactions by healthcare systems, academic medical centers...more

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