Pennsylvania SB322 requires approval from the Department of Health and the Office of Attorney General for certain health care entity transactions.
Pennsylvania SB322, known as the Health System Protection Act, mandates that certain transactions involving health care entities within the state must receive approval from the Department of Health and the Office of Attorney General. These transactions include sales, transfers, leases, or other encumbrances of a material amount of a health care entity's assets, including real property. The bill outlines a process where health care entities must file a notification and observe a waiting period before proceeding with the transaction.
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