The California legislature has introduced a bill that would implement some of the same restrictions on private equity health care investments as last year’s AB 3129. SB 351 includes some of the same language from AB 3129 that would limit the authority of affiliates of private equity companies when entering into management agreements with physicians and dentists, but does not include AB 3129’s language requiring notice and consent of the California Attorney General (AG) for certain private equity health care transactions.
Read the full article: California Reintroduces Legislation to Restrict Private Equity Management of Health Care Providers //
Source: https://www.jdsupra.com/legalnews/california-reintroduces-legislation-to-1202785/