In a Crain’s New York Business article health care partner Brett Friedman discussed Governor Kathy Hochul’s proposal to expand oversight of health care mergers.
Brett, who previously served as New York State Department of Health (DOH) Deputy Commissioner and State Medicaid Director, explained that New York has followed other states that track health care deals, including California, which specifically tracks deals involving private equity firms, and Oregon. New York’s material transactions law had only one deal reported in its first year, but since the law took effect, 22 deals have been reported to DOH.
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