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Congress Considers Tweaking IT Spending

Client Alert | less than 1 min read | 10.17.16

On October 5, the Senate Finance Committee sent a letter to commercial information technology providers requesting information about “whether federal agencies, to the fullest extent possible, incorporate preexisting, commercial and non-developmental IT solutions into their modernization efforts and if not, the barriers to their doing so.” Noting that the federal government spent about $80 billion on IT in FY 2015, the committee requested “recommendations” sent to ITContracting@finance.senate.gov by November 2, 2016, for how competition for IT contracts could be broadened by increased use of commercial contracting procedures and fixed-price contracts or changes to evaluation criteria and source selection factors.

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....