Washington State Proposed Bills May Impact Healthcare Transactions and Investments

The Washington State Legislature proposed bills that would not only amend existing state laws related to healthcare transaction notices to require state approval of transactions but would also strengthen corporate practice restrictions in the state. House Bill 1881 and its companion bill, Senate Bill 5704, introduced Feb. 7, 2025, would expand the scope and state oversight of Washington’s current healthcare transactions notice requirements for healthcare providers. Separately, Senate Bill 5387, introduced Jan. 21, 2025, formalizes certain corporate practice restrictions for professional healthcare entities.

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Source: https://www.lexology.com/library/detail.aspx?g=783d0470-0da0-4433-8661-33253352b691

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