California’s Office of Health Care Access and Information released its proposed regulations on the notice requirements for material health care transactions in the state, reports Health Care Law Brief.
The anticipated regulations follow the creation of the office last year, giving it the authority to collect and analyze data related to health care costs, specifically via monitoring mergers and acquisitions in the health care industry.
Following the lead of states like New York, California seeks to address the increasing costs of health care services by imposing significant notice and review requirements for mergers and acquisitions beginning in 2024. Read more.
