Becker's Healthcare December 10, 2025
Private equity groups have significantly expanded their footprint in healthcare and in the ASC industry over the last decade — and several states have responded with new, stricter regulations around corporate healthcare deals.
Here is a look at three different states’ approach to regulating private equity activity in healthcare in the last year.
1. California
In October, Governor Gavin Newsom signed a piece of legislation that codified restrictions on PE firms and hedge funds from influencing the decision-making of physicians in the state. The law specifies that private equity firms, hedge funds and their affiliates may not interfere with the professional judgement of healthcare professionals in clinical decision-making, contractually or otherwise. This includes decisions about diagnostic tests, treatment...







