Second Opinion July 1, 2024
Last week I wrote about a proposed bill that could kill the friendly PC model in California as we know it. That would have a major impact on venture-backed digital health companies, costing them tens of thousands of dollars in legal fees to unpack their existing structures. Some may have struggled to gain further investment with such an uncertain regulatory future.
Shortly after writing the piece, I got a note from a top digital health lawyer I’ve been corresponding with noting that the article was getting noticed, along with the work of groups like the American Telemedicine Association. I’m told the ATA was the first to engage and request specific changes. Now, I have a positive update...