Becker's Healthcare February 19, 2025
The California Legislature has introduced a bill that would increase scrutiny over private equity transactions in healthcare after Gov. Gavin Newsom vetoed a similar bill last year, according to a Feb. 17 article from the Polsinelli law firm published by JD Supra.
Here are six things to know about the new bill:
1. The language of the bill, proposed in the state Senate, is similar to the one from last year. It would limit the power of affiliates of private equity companies entering into management agreements or other transactions with physicians and dentists.
2. The new bill, SB 351, does not include the previous bill’s language requiring notice and consent of the state attorney general for certain private equity...
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