On January 21, 2025, New York Governor Kathy Hochul released the FY 2026 New York State Executive Budget, which proposed to impose a “cost market impact review” (CMIR) for certain “material transactions” involving “health care entities” in New York. If enacted as proposed, the governor’s proposed legislation would delay timeframes for closing certain large material transactions involving healthcare entities in New York and would subject the parties to these transactions and the transactions themselves to heightened regulatory scrutiny.
Read the full article: New York Governor Proposes Cost Market Impact Review, Expanded Disclosures for Material Transactions with Healthcare Entities //
Source: https://www.mwe.com/insights/new-york-governor-proposes-cost-market-impact-review-expanded-disclosures-for-material-transactions-with-healthcare-entities