Holly Buckley

But I think in terms of the market, I mean, I don't think anyone's excited about it. I think that there's a huge amount of trepidation and anxiety. I think that the current environment is one where No one quite knows what any day is going to bring and folks are watching their stock portfolio crater or wildly bounce around.

So I wouldn't say anyone's excited about the current environment on a kind of macro level, but great excitement about getting together and visiting and optimism that better things are to come.

So I wouldn't say anyone's excited about the current environment on a kind of macro level, but great excitement about getting together and visiting and optimism that better things are to come.

Yeah, I just don't know, Scott. I mean, I think that up until a couple of weeks ago, there was a fair amount of optimism. I think In the last week, I think a lot of things have been thrown into uncertainty.

Yeah, I just don't know, Scott. I mean, I think that up until a couple of weeks ago, there was a fair amount of optimism. I think In the last week, I think a lot of things have been thrown into uncertainty.

I can give some slightly more concrete updates on some trends on the federal level, but I think in terms of the deal environment, I think much remains uncertain until we get some clarity in terms of what the tariffs are going to look like in the macroeconomic environment. But I think on the federal level, there are certain things that we can actually comment on.

I can give some slightly more concrete updates on some trends on the federal level, but I think in terms of the deal environment, I think much remains uncertain until we get some clarity in terms of what the tariffs are going to look like in the macroeconomic environment. But I think on the federal level, there are certain things that we can actually comment on.

On March 11th, the Senate confirmed Dale Slater as Assistant Attorney General for the U.S. Department of Justice Antitrust Division. I think we are anticipating still an active antitrust enforcement this year, although there's going to be a difference in approach from the Lina Khan era.

On March 11th, the Senate confirmed Dale Slater as Assistant Attorney General for the U.S. Department of Justice Antitrust Division. I think we are anticipating still an active antitrust enforcement this year, although there's going to be a difference in approach from the Lina Khan era.

But we're still expecting broad antitrust scrutiny across deals, wage fixing, no-poach agreements, information sharing, and pricing. And I think that we do not think we'll see a reversal on the new Hotspot Rodino filing requirements, which took effect in February. We think they're going to kind of be here to stay. We think there's going to be a ramp up of False Claims Act enforcement.

But we're still expecting broad antitrust scrutiny across deals, wage fixing, no-poach agreements, information sharing, and pricing. And I think that we do not think we'll see a reversal on the new Hotspot Rodino filing requirements, which took effect in February. We think they're going to kind of be here to stay. We think there's going to be a ramp up of False Claims Act enforcement.

The DOJ has signaled an aggressive stance on False Claims Act enforcement, which fits with the Trump administration's priorities of increasing government efficiency and rooting out waste, fraud and abuse. And so I think we'll see an aggressive enforcement climate. We are continuing to see a proliferation of executive orders addressing a wide range of healthcare issues.

The DOJ has signaled an aggressive stance on False Claims Act enforcement, which fits with the Trump administration's priorities of increasing government efficiency and rooting out waste, fraud and abuse. And so I think we'll see an aggressive enforcement climate. We are continuing to see a proliferation of executive orders addressing a wide range of healthcare issues.

We've been tracking them at the law firm and we're seeing executive orders around telehealth access and health equity, Medicare cost reduction, behavioral health infrastructure modernization, behavioral health access, as well as things like transgender care that kind of fit with the Trump agenda. and we expect to continue to see more executive orders coming out of the administration.

We've been tracking them at the law firm and we're seeing executive orders around telehealth access and health equity, Medicare cost reduction, behavioral health infrastructure modernization, behavioral health access, as well as things like transgender care that kind of fit with the Trump agenda. and we expect to continue to see more executive orders coming out of the administration.

And then as far as Dr. Oz goes, he is the new CMS administrator. We are seeing a focus on Medicare Advantage and probably away from value-based care initiatives within traditional Medicare, which we were starting to see through the prior administration. So we think he'll really be focused on Medicare Advantage, and he's kind of pulling back some of the programs that were on traditional Medicare.

And then as far as Dr. Oz goes, he is the new CMS administrator. We are seeing a focus on Medicare Advantage and probably away from value-based care initiatives within traditional Medicare, which we were starting to see through the prior administration. So we think he'll really be focused on Medicare Advantage, and he's kind of pulling back some of the programs that were on traditional Medicare.

And so those are some of the things we know about on the federal level, and I think much remains kind of up in the air in terms of what will be coming next.

And so those are some of the things we know about on the federal level, and I think much remains kind of up in the air in terms of what will be coming next.

Yeah, we agree.