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Safety Act Red Tape Wins The First Round: Applications 19 -- Approvals 0

Client Alert | less than 1 min read | 05.19.04

After acknowledging that the Homeland Security Department (DHS) expected 1,000 SAFETY Act applications, the Acting SAFETY Act Director (Wendy Howe) announced at a May 11th conference that the agency had received 83 pre-applications and 19 full applications, of which 8 applications are now being presented to the Assistant Secretary for review. With no SAFETY Act applications yet being approved by DHS, chairmen of three Congressional committees have complained to Secretary Ridge about "lengthy and burdensome bureaucratic obstacles" and "administrative red tape" that have choked the application process and delayed the introduction of critical anti-terrorism technology.

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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....