Proposed Senate Bill in California Would Strengthen Restrictions on Hedge Fund and Private Equity Investments in Healthcare
By EsqSocial Corporation 16/04/25
On February 12, 2025, Senator Christopher Cabaldon introduced Senate Bill 351 (“SB 351” or “the bill”), to strengthen and codify the corporate practice of medicine doctrine (CPOM) in California as it relates to private equity and hedge fund investments in medical and dentistry practices in California. The bill mirrors certain provisions of Assembly Bill 3129 (AB 3129), which was vetoed by Governor Gavin Newsom in September 2024....
By: Snell & Wilmer