How California’s New Legislation Could Affect Healthcare M&A Activity

Healthcare dealmakers must prepare for a new law and a recently-introduced bill in the California Senate, both of which aim to increase oversight in the healthcare M&A space. This is a legislative trend other states are beginning to participate in too — such as New York, Massachusetts and Connecticut.

The language of this law is “a little troubling,” said Paul Gomez, a healthcare lawyer at Polsinelli, in a recent interview. It’s unclear whether the notice should be submitted 90 days before a purchase agreement is finalized or 90 days before a deal closes, he pointed out.