Lexology January 23, 2025
On Jan. 8, 2025, Massachusetts Gov. Maura Healy signed “An Act Enhancing the Market Review Process” (the Act). The Act increases regulatory reporting obligations and oversight of healthcare transactions involving private equity sponsors, healthcare real estate investment trusts (REITs) and management services organizations (MSOs).
The Act will have widespread implications for healthcare businesses throughout Massachusetts, illustrating the commonwealth’s increased focus on monitoring the involvement of private equity companies and other significant investors in the healthcare market after recent high-profile healthcare bankruptcies. The Act expands the scope of information the commonwealth collects from registered provider organizations about their ownership, governance and organizational structure and amends the commonwealth’s false claims act to impose potential liability on those who have an ownership or...
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