Florida Gov. Rick Scott has signed into law a bill that would add more oversight to the sale or lease of public hospitals in the state, and perhaps prompt more merger activity.
Among its provisions, the law requires public hospitals to undertake a public evaluation of how they are competing in their respective markets, and evaluate whether a deal might be in their best interest. And while it does not require any hospital to pursue a sale, critics have said it could invite more deal-making in the space.
The evaluations must be undertaken by Dec. 31, and include a public hearing and an independent assessment of the hospital's fair market value. Sales or leases already under way before the law's signing are not affected.