Becker's Healthcare June 1, 2023
New house legislation in the state is likely to “impact a large portion of healthcare-related transactions within Illinois going forward,” Lexology reported May 30.
While there is no minimum dollar amount for any proposed healthcare transaction, the regulation oversight is expected to affect deals that would not be subject to federal filing requirements under the Hart-Scott-Rodino antitrust act,, the report said. It will target “provider organizations” such as physician groups and accountable care entities that represent 20 or more providers and that are contracted to healthcare carriers.
The legislation, which would become effective Jan. 1, 2024, once...
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