This proposed bill in California could have a big impact on digital health

Let’s talk about California AB 3129.

Most people in digital health aren’t following this proposed bill, but the lawyers are. That’s because it could have major implications for digital health companies backed by private equity and venture capital.

The bill has two major pieces:

1. To institute a new review process with the Attorney General for transactions involving PE, hedge fund and health facilities. This is where a lot of lobbying and the attention around the legislation has been focused, per Quinn Shean, a strategist and regulatory advisor for digital health.

2. There’s proposed new provisions around...

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