Pennsylvania HB1460 requires approval from the Department of Health and the Office of Attorney General for certain transactions involving health care.
HB1460, known as the Health System Protection Act, mandates that certain transactions involving health care entities in Pennsylvania must receive approval from the Department of Health and the Office of Attorney General. These transactions, termed "covered transactions," include sales, transfers, leases, or other encumbrances of health care entity assets, changes in control, capital distributions, and health care leaseback agreements.
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