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How Did We Get Here and Where Are We Headed?

Client Alert | 1 min read | 12.19.12

Although much uncertainty remains, there is an emerging consensus that overall budgetary cuts are likely to occur in the coming weeks, whether as a result of sequestration or an alternative deficit reduction plan. In "Cliff Notes: The Long, Slow Trudge Toward Sequestration," published by Law360 on December 17, C&M attorneys Angela Styles, Steve McBrady, and Stephan Rice provide a brief retrospective of the developments in 2012 and a short overview of what contractors can expect in the weeks ahead as the countdown to sequestration approaches.


Insights

Client Alert | 6 min read | 03.26.24

California Office of Health Care Affordability Notice Requirement for Material Change Transactions Closing on or After April 1, 2024

Starting next week, on April 1st, health care entities in California closing “material change transactions” will be required to notify California’s new Office of Health Care Affordability (“OHCA”) and potentially undergo an extensive review process prior to closing. The new review process will impact a broad range of providers, payers, delivery systems, and pharmacy benefit managers with either a current California footprint or a plan to expand into the California market. While health care service plans in California are already subject to an extensive transaction approval process by the Department of Managed Health Care, other health care entities in California have not been required to file notices of transactions historically, and so the notice requirement will have a significant impact on how health care entities need to structure and close deals in California, and the timing on which closing is permitted to occur....