Cathy Ren

Nov 6, 2024 | uscannenbergmedia.com | Cathy Ren

Sep 5, 2024 | mondaq.com | Patrick Moore |Cathy Ren |Travis Jackson

MW McDermott Will & Emery More McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. With more than 1,100 lawyers across several office locations worldwide, our team works seamlessly across practices, industries and geographies to deliver highly effective solutions that propel success.

Sep 5, 2024 | jdsupra.com | Travis Jackson |Patrick Moore |Cathy Ren

The California State Senate and State Assembly passed Assembly Bill (AB) 3129 on August 31, 2024, immediately prior to the end of the state’s legislative session. The bill now heads to the desk of Governor Gavin Newsom as a final step toward enactment. If signed by Governor Newsom, AB 3129 would take effect January 1, 2025, and would materially impact certain private equity and hedge fund acquisitions of health facilities, provider organizations, and provider groups in California.

Dec 1, 2023 | jdsupra.com | James Owens |Deepika Raj |Cathy Ren

On November 28, 2023, California’s Office of Health Care Affordability (OHCA) published a notification of proposed emergency regulatory action indicating that OHCA is planning to submit the proposed regulations to the Office of Administrative Law (OAL) in five business days, on or around December 5, 2023. These proposed regulations concern the 90-day pre-closing notice requirement and cost and market impact review (CMIR) process for California transactions closing on or after April 1, 2024.

Aug 15, 2023 | jdsupra.com | James Owens |Cathy Ren

California’s Office of Health Care Affordability (OHCA) has published draft regulations on the healthcare transaction notice requirement that will become effective on April 1, 2024. Entities entering into healthcare transactions in California that will close on or after April 1, 2024, should be aware of the requirement to provide 90 days’ prior notice of certain material changes and the potential burdensome review process that could delay the closing of such transactions by several months.