Indiana Requires Notification for Health Care Mergers

Indiana will require health care entities to notify the state of mergers and acquisitions effective July 1, 2024, according to the National Law Review. Health care entities with total assets of at least $10 million dollars must provide notice at least 90 days prior to the merger or acquisition, including written notice to the office of the Attorney General (AG). The AG will then review the information and analyze in writing any antitrust concerns with the transaction. The change comes following recommendations by the state’s Health Care Oversight Task Force, which highlighted the role market consolidation plays in driving up health care costs. Notably, the dollar threshold is lower than other states with similar statutes and applies to a wider range of health care entities, including private equity firms.