California Enacts Law to Review More Private-Equity Healthcare Acquisitions

WSJ ProOct. 13, 2025 4:21 pm ET

California enacted its second bill in recent days restricting private-equity healthcare deals, creating what are likely to be the most significant of a wave of new state laws to check corporate investment in medicine.

Gov. Gavin Newsom on Saturday signed a bill expanding the state’s authority to review healthcare transactions by private-equity firms, hedge funds and other investors.

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