Health Transactions Law Center

Healthcare transactions are facing greater scrutiny than ever before. Federal and state regulators are imposing new requirements, restrictions and regulations that have significant implications for healthcare providers, industry operators, dealmakers and investors.

We make it our business to help you succeed in yours, and that includes staying current on these issues. McDermott’s industry-focused team understands the complexities of working within the already highly regulated healthcare space, and we proactively partner with industry leaders to plan for emerging challenges in the evolving regulatory landscape.

Visit this legal resource center to cut the complexity and learn about the latest regulatory developments impacting healthcare transactions.

FEATURED

WHAT’S THE DEAL? | HEALTH PE MARKET STUDY

As a top-ranked global healthcare practice, McDermott is equipped to bring you the insights you need to excel in healthcare and life sciences private equity (PE) deals.

Our new study is now available, offering you a deep dive into the key trends shaping the healthcare PE market and transaction standards. Developed using an AI model trained to identify more than 100 of the most heavily negotiated legal data points in healthcare PE deals, this study will help you navigate the evolving market and achieve dealmaking success.

Access the study today, and take your healthcare deals to the next level.

ACCESS THE HEALTH PE MARKET STUDY

50-STATE SURVEY: HEALTH TRANSACTION NOTICE REQUIREMENTS

Requirements in Effect:

Yes

Yes + Pending Legislation

Pending Legislation

New health transaction notification requirements are emerging across the United States, presenting a complex patchwork of regulations that can have significant financial implications for deal closings. Explore our interactive map and download our report for timeframes, types of transactions that trigger notice and a high-level summary of each statute.

This summary does not include (a) routine licensure filings or Certificate of Need (CON) filings that may be required for ownership changes involving licensed facilities or services or (b) any nonprofit or charities law notice or filing requirements for the conversion of a nonprofit healthcare entity to a for-profit entity. If you need information for those circumstances, contact your McDermott lawyer or get in touch.

EVENTS

McDermott Forum during the 2025 J.P. Morgan Healthcare Conference
January 14, 2025 | SAN FRANCISCO

While you’re in San Francisco for the 2025 J.P. Morgan Healthcare Conference, join influential executives, innovators, and investors at the McDermott Forum. Taking place at the iconic Ritz-Carlton, connect, learn, and establish new partnerships with leaders across healthcare, life sciences, and private equity.

Hospital and Health Systems Summit 2024

Revisit or catch up on the insights you missed at HHS from seasoned healthcare executives and industry leaders during dynamic plenary sessions exploring the innovative ways hospitals, health systems and industry disruptors are evolving and collaborating to enhance profitability while improving cost, quality and health equity for patients.

ACCESS HHS 2024 PLENARY SESSION RECAPS

HPE NYC 2024

HPE NYC brought together investors, founders, CEOs, investment bankers, and more in the heart of the city. Whether you missed out or were busy networking, you can easily view programming highlights in our 1-minute session recaps from the panel moderators.

ACCESS HPE NYC 2024 PLENARY SESSION RECAPS

VIDEOS

Healthcare Transactions Under the Microscope: State and Federal Legislative Update

Stay ahead of new developments with our latest webinar breaking down what healthcare investors and healthcare providers need to know when it comes to new legal requirements impacting healthcare transactions.

ACCESS KEY TAKEAWAYS

CALIFORNIA

PENDING

Multiple Requirements?

Yes

Requirement in Effect?:

No. Legislation is in draft form and has not been enacted.

Type of Requirement:

Notice and consent

Notice Filing Timeframe:

90 days pre-closing

Statute Cite(s)

AB 3129

PASSED

Multiple Requirements?

Requirement in Effect?:

Yes

Type of Requirement:

Notice

Notice Filing Timeframe:

90 days pre-transaction

Statute Cite(s)

Cal. Health & Saf. Code § 127507

For an overview of the transaction notification requirements, download our full report.

COLORADO

Type of Requirement:

Notice

Notice Filing Timeframe:

60 days pre-closing

Statute Cite(s)

Colo. Rev. Stat. §§ 6-19-102 – 6-19-407

For an overview of the transaction notification requirements, download our full report.

CONNECTICUT

PENDING

Multiple Requirements?

Yes

Requirement in Effect?:

No. Requirement would be effective upon passage, if adopted.

Type of Requirement:

None until additional legislation is adopted or regulations are promulgated.

Notice Filing Timeframe:

N/A

Statute Cite(s)

HB 5319

PASSED

Multiple Requirements?

Yes

Type of Requirement:

Notice

Type of Transaction:

Group Practice
Merger (HSR)
Hospital Merger

Notice Filing Timeframe:

30 days

Statute Cite(s)

For an overview of the transaction notification requirements, download our full report.

HAWAII

Type of Requirement:

Notice; Approval

Notice Filing Timeframe:

90 days pre-closing

Statute Cite

Haw. Rev. Stat. § 323D-71 et seq.

For an overview of the transaction notification requirements, download our full report.

ILLINOIS

Type of Requirement:

Notice

Notice Filing Timeframe:

30 days pre-closing

Statute Cite(s)

740 Ill. Comp. Stat. 10/7.2a

For an overview of the transaction notification requirements, download our full report.

INDIANA

Multiple Requirements?:

Requirement in Effect:

No. Requirement is effective July 1, 2024.

Type of Requirement:

Notice

Notice Filing Timeframe:

90 days pre-closing

Statute Cite(s)

25-1-8.5.

For an overview of the transaction notification requirements, download our full report.

MASSACHUSETTS

Type of Requirement:

Notice

Notice Filing Timeframe:

60 days pre-closing

Statute Cite

Mass. Gen. Laws ch. 6D, § 13

For an overview of the transaction notification requirements, download our full report.

MINNESOTA

PENDING

Multiple Laws?

Yes

Prohibition in Effect?

No. If passed, would become effective on August 1, 2024.

Type of Prohibition:

Prohibition on ownership and control of certain healthcare providers by private equity companies and REITs.

Notice Filing Timeframe:

N/A

Bill Cite(s)

HF 4206

PASSED

Multiple Requirements?

Yes; 2

Type of Requirement:

Notice

Type of Transaction:

Large Transaction
Small Transaction

Notice Filing Timeframe:

30-60 days (dependent upon type of transaction)

Statute Cite(s)

For an overview of the transaction notification requirements, download our full report.

NEVADA

Multiple Requirements?

Yes; 2

Type of Requirement:

Notice

Type of Transaction:

Change of ownership of a Hospital or Physician Group
Material change to a Group Practice

Notice Filing Timeframe:

30-60 days (dependent upon type of transaction)

Statute Cite(s)

For an overview of the transaction notification requirements, download our full report.

NEW MEXICO

Multiple Requirements?:

Requirement in Effect:

Yes

Type of Requirement:

Notice and approval

Notice Filing Timeframe:

There is no specified time frame, but the notice must be submitted prior to the proposed transaction.

Statute Cite(s)

Senate Bill 15, also known as the “Health Care Consolidation Oversight Act” (HCCOA)

For an overview of the transaction notification requirements, download our full report.

NEW YORK

Type of Requirement:

Notice

Notice Filing Timeframe:

30 days pre-closing

Statute Cite(s)

N.Y. Pub. Health Law §§ 4550 – 4552

For an overview of the transaction notification requirements, download our full report.

OREGON

Type of Requirement:

Notice; Approval

Notice Filing Timeframe:

30 days pre-closing

Statute Cite(s)

Or. Rev. Stat. § 415.500 et seq.

For an overview of the transaction notification requirements, download our full report.

PENNSYLVANIA

Statute Cite(s)

S. 548, 1st Sess. (Pa. 2023)

Pennsylvania House Bill 2012

For an overview of the transaction notification requirements, download our full report.

RHODE ISLAND

Type of Requirement:

Approval

Notice Filing Timeframe:

180 days pre-closing

Statute Cite(s)

R.I. Gen. Laws § 23-17.14

For an overview of the transaction notification requirements, download our full report.

WASHINGTON

PENDING

Mulitple Requirements?:

Requirement in Effect?:

Pending Legislation

Type of Requirement:

Notice

Statute Cite(s)

Engrossed Senate Bill No. 5241

PASSED

Mulitple Requirements?:

Requirement in Effect?:

Yes

Type of Requirement:

Notice

Notice Filing Timeframe:

60 days pre-closing

Statute Cite(s)

Wash. Rev. Code § 19.390.030

For an overview of the transaction notification requirements, download our full report.

HEALTH TRANSACTIONS

RESOURCE CENTER

FEATURED

WHAT’S THE DEAL? | HEALTH PE MARKET STUDY

50-STATE SURVEY: HEALTH TRANSACTION NOTICE REQUIREMENTS

Requirements in Effect:

EVENTS

VIDEOS

INSIGHTS

GET IN TOUCH

Charles R. Buck

Dana Dombey

Ashley M. Fischer

Gregory E. Fosheim

David S. Ivill

Travis Jackson

Sarah Kitchell

Gregory R. Metz

Joseph M. Parise

Joel C. Rush

Kerrin B. Slattery

Stephen Wu

Eric Zimmerman