Becker's Healthcare October 8, 2024
Here are five transactions, legislative updates and other private equity updates in the ASC space from third quarter of 2024, as reported by Becker’s:
1. California Gov. Gavin Newsom vetoed a bill that would increase scrutiny over private equity firms and hedge funds acquiring physician practices. The bill would have given California’s attorney general power to set conditions on the acquisition of physician groups and healthcare entities in cases where authorities believed a PE firm or hedge fund investment would have “anticompetitive effects or negatively impact the access or availability of healthcare services to the community,” according to the report.
2. Sources told Bloomberg in early August that private equity firm TPG is an interested buyer of Brentwood,...
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