Continuing a trend of states attempting to exert additional oversight on transactions in the healthcare space, on March 27, 2023, the Maine legislature introduced H.B. 894, a bill that would increase state oversight of proposed transactions involving health care entities licensed in Maine. Importantly, the proposed legislation would cover transactions involving Maine “health care entities” (defined to include healthcare providers, facilities, and provider organizations licensed in Maine), as well as private equity groups and hedge funds (which are not further defined) acquiring such Maine health care entities.
Read the full article: Maine Legislature Introduces Bill to Increase Oversight of Proposed Health Care Transactions //
Source: https://www.sidley.com/en/insights/newsupdates/2023/04/maine-legislature-introduces-bill-to-increase-oversight-of-proposed-health-care-transactions