Push to Regulate Private Equity in Health Care Stalls
Healthcare attorney John Saran was quoted in a PoliticoPro article highlighting the lack of movement related to healthcare private equity legislation. One example includes California Gov. Gavin Newsom's recent veto of a bill that would have increased regulation of healthcare private equity deals by mandating the state attorney general to review certain deals before they are executed. Mr. Saran said the governor's decision could foreshadow the future of legislation.
“This year was a very critical year because it sets the stage for where this trend is going,” Mr. Saran said.
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