Kotek Signs Bill Restricting Corporate Control at Oregon Medical Clinics

Kotek signs bill restricting corporate control at Oregon medical clinics

Corporate investors hoping to take over local health care facilities in Oregon could soon face one of the hardest markets nationwide.

Kotek signs bill to tighten rules on corporate control of medical practices

The bill garnered support from many doctors but also opposition from those who argued it would give hospitals an unfair advantage.

Oregon Governor Signs S.B. 951, Representing the Nation’s Most Onerous Restriction on the Friendly PC Model

Over the past 3 years, as chronicled in several Proskauer alerts, an increasing number of states have sought to regulate physician practice management (“PPM”) and private equity transactions in the health care sector, including California, New York, Washington, and Illinois. The regulation of health care transactions remains an evolving area of the law, drawing continued interest from state lawmakers and interest groups in a number of states. Mo…

Bill enacting nation’s strictest limits on corporate health care influence signed by Gov. Kotek - Salem Reporter

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Oregon Enacts Limits on Corporate Healthcare Influence, May Not Protect Good Sam Hospital - The Corvallis Advocate

Corporate investors hoping to take over local health care facilities in Oregon could soon face one of the hardest markets nationwide. Senate Bill 951, which was quietly signed into law by Gov. Tina Kotek on Monday, sets the strongest regulations on private and corporate control of medical practices in the nation, according to industry lawyers. A similar effort failed in the Legislature last year amid pushback from Republicans that prevented the …