The California legislature passed AB 3129 late Saturday night, the last day of the legislative session. The final bill included some amendments in the final days of the legislative session that carved out certain types of...more
9/4/2024
/ Acquisition Agreements ,
Corporate Sales Transactions ,
Healthcare ,
Hedge Funds ,
Investment ,
Investors ,
Merger Agreements ,
Private Equity ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Reform
This month, California lawmakers progressed in making changes to AB 3129, the bill proposing to give the California Attorney General (“AG”) approval authority over certain private equity and hedge fund investments in the...more
The California legislature is considering a bill that could severely impact the ability for private equity companies and hedge funds to operate in the California health care industry. AB 3129, introduced by Assembly Member...more
4/1/2024
/ Acquisition Agreements ,
California ,
Healthcare ,
Hedge Funds ,
Investment ,
Investors ,
Life Sciences ,
Merger Agreements ,
Merger Controls ,
Private Equity ,
Private Equity Funds ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Reform
On December 18, 2023, California’s Office of Administrative Law (“OAL”) approved the final regulations implementing the health care transaction reporting requirements of the Office of Health Care Affordability (“OHCA”). The...more
On Tuesday, November 28, 2023, California’s Office of Health Care Affordability (“OHCA”) published its latest version of the proposed regulations requiring advanced notice of certain health care transactions in California for...more
12/1/2023
/ Acquisition Agreements ,
Healthcare ,
Healthcare Facilities ,
Hospital Mergers ,
Hospitals ,
Material Change Doctrine ,
Merger Agreements ,
Notice Requirements ,
Private Equity ,
Proposed Regulation ,
Regulatory Requirements ,
Transaction Reporting
California’s Office of Health Care Affordability (“OHCA”) published updated draft regulations implementing SB 184’s pre-transaction notice requirements. Although subject to further change, the latest draft regulations would...more
A 2022 law and a bill recently introduced in the California Senate impose significant notice and review requirements for mergers and acquisitions in the California health care industry beginning in 2024. Both items endeavor...more
Behavioral Health M&A Will Remain Hot in 2022 -
Behavioral health had its most active year in 2021, which came on the heels of very active years that preceded it. There are many factors that contributed to this and that...more
The COVID-19 Global Pandemic compelled the Centers for Medicare and Medicaid Services (“CMS”) to revamp its approach to regulating telehealth services and temporarily embrace the modality as a practical treatment option. In...more
11/9/2021
/ Centers for Medicare & Medicaid Services (CMS) ,
Health Care Providers ,
Healthcare ,
Healthcare Reform ,
Medical Reimbursement ,
Medicare ,
Mental Health ,
Patient Access ,
Public Health Emergency ,
Telehealth ,
Telemedicine
On May 20, 2021, the California Senate Appropriations Committee placed Senate Bill 642 (“SB 642”) on the “2-year” bill list, meaning that the proposed legislation will not move forward in the current legislative session....more
California Senate Bill 642 (“SB 642”) cleared the California Senate Health Committee on April 28, 2021. If enacted, SB 642 would, among other things, significantly impact management and governance rules applicable to...more
In welcome news for California health care facilities and providers, California SB-977, which would have required Attorney General approval for a broad range of transactions and other arrangements, did not pass in...more
The California state legislature is currently considering a new bill that, if passed, would require California Attorney General consent and approval for a potentially broad range of mergers, acquisitions, and affiliations in...more
As part of an increasing trend towards regulation of behavioral health, a pair of new laws have been adopted that will impact certain California behavioral health providers and laboratories, with two proposed companion laws...more
10/23/2019
/ Clinical Laboratories ,
Governor Newsom ,
Governor Vetoes ,
Health Care Providers ,
Health Insurance ,
Legislative Agendas ,
License Suspensions ,
Licensing Rules ,
Mental Health ,
New Legislation ,
Outpatient Services ,
Public Health ,
Regulatory Agenda ,
Regulatory Oversight ,
Revocation ,
State and Local Government
Governor Jerry Brown signed Senate Bill (SB) 1152 into law on September 30, 2018. SB 1152 modifies Section 1262.5 of the Health & Safety Code which currently requires hospitals to have a written discharge planning policy and...more
What the New Law Does and How Substance Abuse Treatment Facilities Are Impacted -
Senate Bill 1228, also known as the Substance Use Disorder Patient Protection Act, was passed with overwhelming bipartisan support and...more
The Office of Inspector General of the U.S. Department of Health and Human Services (OIG) recently posted its first advisory opinion interpreting a gainsharing arrangement – that is, a financial relationship under which...more
Nonprofit health care facilities should evaluate what upcoming California law changes mean for their businesses. The new laws, which impact required notices and approvals from the state Attorney General’s office, take effect...more