Food, Drugs, Healthcare, Life Sciences

Since Governor Newsom signed AB 1415 into law last October, stakeholders have been awaiting the release of draft regulations from California’s Office of Health Care Affordability to clarify the statute’s notice and clearance requirements with respect to private equity firms and management services organizations involved in certain healthcare transactions.

The Trump administration has decertified and defunded Hawaii’s Medicaid Fraud Control Unit (MFCU), withholding $3 million in federal funds. As detailed in a previous post, in May, the Office of Inspector General for the Department of Health and Human Services (HHS-OIG) informed every state of its intent to review the activities of its MFCU.

Healthcare and life sciences organizations are rapidly adopting AI technologies at an unprecedented pace, with 40% of symposium attendees reporting AI is already embedded throughout their operations.