Industry Trends

What Healthcare Investors Should Learn from California’s CPOM Actions

In this episode of “Counsel That Cares,” healthcare attorney Shalyn Watkins and Camino Strategy Group CEO Phoebe Gutierrez examine how California’s corporate practice of medicine (CPOM) doctrine is shaping healthcare transactions, digital health platforms and investor-backed healthcare organizations. Using the recent Carbon Health settlement, ongoing litigation and broader enforcement trends as examples, they explain why

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Research: From Payer to Provider – Impacts of Insurer Vertical Expansion into Physician Services

Vertical integration can both create efficiencies and harm competition through rival foreclosure. This research paper examines these tensions through one of the most prominent forms of vertical integration in the United States: the acquisition of physician practices by the nation’s largest insurer, UnitedHealth Group. Using a difference-in-differences design and Medicare administrative data, the researchers find

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Costs Tied to No Surprises Act’s IDR Process Hit $22B in 2025, Study Finds

Total costs associated wth the No Surprises Act’s dispute resolution process reached $22.4 billion at the end of 2025, according to a new analysis. Researchers at the Center on Health Insurance Reforms at Georgetown University’s McCourt School of Public Policy dove into the latest public data on independent dispute resolution (IDR) from the federal government,

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California Weighs Penalties for Healthcare Providers That Don’t Rein in Costs

California is weighing stiff penalties for hospitals and other healthcare entities that don’t stay under state spending limits, potentially levying hundreds of millions of dollars in fines if these providers don’t take steps to rein in rising healthcare costs. If the state Office of Health Care Affordability adopts the fines next week, hospitals, medical groups,

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Summary of State Health Care Transaction Legislative Updates Since January 1, 2026

Eight states have enacted laws or regulations impacting health care transactions that include new or expanded notice and/or approval requirements, “mini-HSR” notice requirements, corporate practice of medicine restrictions, and ownership/control reporting requirements. Most of these laws and regulations capture transactions involving private equity groups, hedge funds, management services organizations (MSOs) and real estate investment trusts

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