Yes, These Regulations Apply to You: California’s New Pre-Transaction Market Impact Review Processes
CSHA 2024 Annual Meeting and Spring Seminar - Pre-Transaction Review Process
Date: May 4, 2024
Time: 10:15AM - 11:30AM (PST)
Location: Olympic Valley, CA
Kathryn Edgerton will be speaking on a panel titled, "Yes, These Regulations Apply to You: California’s New Pre-Transaction Market Impact Review Processes."
California’s pre-transaction notice requirements apply to far more than just mergers and acquisitions. If your transaction will close on or after April 1, 2024, you may need to submit a detailed written notice to the Office of Health Care Affordability (OHCA). If OHCA believes the transaction may impact market competition or health care costs, it will be subject to further examination before it can close. The speakers will describe the who, what, where, when, and how of these new requirements as well as lessons learned from OHCA’s initial rollout. Our speakers will also explain the new requirement to notify the California Attorney General (AG) in advance of certain pharmacy transactions. In addition, real-world examples of transactions that OHCA and the AG may review will be discussed.