Health-Care Transactions Under Scrutiny With New York’s New Law

On May 3, New York Governor Kathy Hochul signed a law that follows a recent trend in other states that increases scrutiny of deals between physician practices and other practices and management entities.

Effective Aug. 1, new Article 45-A of the New York State Public Health Law requires notice of “material transactions” between “health care entities” be provided to the state’s health department at least 30 days before the transaction’s closing date.

This new law provides increased visibility into...