Category: Mergers

Gov. Newsom, Legislation, Mergers, Private Equity

Governor Newsom Vetoes Major Bill on Health Care Mergers Allowing Private Equity Bad Actors to Continue to Flourish

Governor Newsom vetoed AB 3129 (Wood) that would have given Attorney General oversight on certain private equity acquisitions that may be harmful to patients SACRAMENTO, CA – Health care corporations have used their undue influence to yet again put patients in harm’s way by allowing bad actors to continue to interfere in our health care […]

Legislation, Mergers, Private Equity

AB 3129 (Wood) Putting Patients Over Profits: Oversight on Private Equity and Hedge Fund Health Care Takeovers

Background Health care costs are outpacing inflation, taking bigger and bigger chunks out of Californians’ incomes and wages. More than half of Californians say they skip or delay care due to high costs. A major driver of these rising costs are health care mergers. As health systems and other health care corporations get bigger, they […]

Affordability, Consumer Protection, Cost Containment, Mergers, OHCA

New Office of Health Care Affordability Proposal Would Limit Health Cost Growth, Offering Real Relief to Californians

Health and consumer advocates praise new staff recommendations of the Office of Health Care Affordability to set a statewide health growth target at 3% OHCA’s Health Care Affordability Board to make final decision in coming months SACRAMENTO, CA – California’s ambitious effort to rein in the skyrocketing cost of care enters a new phase this […]

Affordability, Cost Containment, Federal, Hospitals, Mergers, OHCA

Health Access Joins New National Coalition: Consumers for Fair Hospital Pricing

Health Access California is proud to be a part of a new national coalition of health consumer advocates that are taking on skyrocketing hospital costs as a main driver of our growingly unaffordable health system. Consumers for Fair Hospital Pricing is about standing up to the big hospitals that have become big business, and fighting […]

Mergers

New Campaign Launched To Protect CA Patients From Harmful Health Mergers

SACRAMENTO, CA–California health care advocates are launching a new campaign to highlight the negative effects of unchecked mergers in the health care system, and the need for a legislative solution. The campaign kicked-off with the unveiling of billboards across the state, and the launch of a new website www.protectcapatients.com. Attached visuals: Protect California Patients billboards […]

Mergers

Bills Introduced To Protect Patients From Harmful Health Mergers

ABs 1091 & 1092 (Wood) will continue the fight to lower health care costs and protect access to care by increasing oversight on health care mergers and anti-competitive practices. SACRAMENTO, CA – Today Assembly Health Committee Chair Jim Wood introduced two bills, both supported by Health Access California, to enhance oversight over health care mergers […]