In a Law360 article, health care attorneys examined the California Legislature’s new bill and its implications intended to expand the Office of Health Care Affordability review process to require filings from private equity groups, hedge funds and management services organizations involved in certain health care transactions.
Assuming the bill is signed into law by California Governor Gavin Newsom, the authors note many open questions remain regarding its implementation. Health care investors in the state should continue to closely monitor this bill, and subsequent rulemaking by the OHCA, given the potential implications on the investment landscape in California.
The article was authored by health care partners Brett Friedman and Jennifer Romig and health care associates Jaclyn Freshman, Natalie DeAngelo and Bryan Frederick.
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