Lexology January 4, 2024
Sidley Austin LLP

There has been an increase over the past few years in state oversight for transactions in healthcare. Specifically, certain U.S. states have passed laws requiring prior notice or even approval related to “material” healthcare transactions. Many of these new laws could affect the structure and timing of proposed transactions and could require, among other information, the disclosure of upstream and indirect ownership interests to government agencies (which may then be required to publicly disclose such information). These laws also reach a wide range of entity types and transactions. In 2024 and beyond, buyers and sellers considering entering into healthcare transactions should carefully evaluate the applicability of these new laws.

Below is an overview of the current landscape of these laws...

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