On May 28, 2026, Illinois lawmakers approved House Bill (HB) 5000, which is poised to significantly expand Illinois’ healthcare transaction notice regime under the Illinois Antitrust Act. If signed into law by the governor as expected, the statutory changes encompassed by HB 5000 would broaden the scope of transactions subject to pre-closing notice to the Illinois attorney general (IL AG), with particular significance for transactions involving indirect ownership or control structures and private equity (PE) sponsors. HB 5000 is consistent with legislation enacted in other states that expands state-level review of healthcare transactions, including those that involve PE or other investment-backed parties.
Read the full article: Illinois Poised to Expand Healthcare Transaction Notice Requirements //
Source: https://www.mcdermottlaw.com/insights/illinois-poised-to-expand-healthcare-transaction-notice-requirements/