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Debt, Cyberattack Threaten Yale New Haven Acquisition of Prospect Hospitals in CT
Griffin Hospital CEO Patrick Charmel told the governor that the hospital has been awaiting money from Prospect to pay their vendors. He said that the debt was over $40 million. In August, Prospect Medical Holdings' facilities were hit by a cyberattack that caused a disruption in some services.
September 22, 2023
Federal Agencies Propose Increase to No Surprises Act Administrative Fees
The proposal comes a month after a Texas federal court ordered the agencies to vacate a separate fee increase, which had raised the administrative fee to $350. The judge ruled such an increase made the process “cost-prohibitive” to some parties, particularly providers.
September 22, 2023
Behavioral Health Payers and Providers Push Measurement-Based Care, but Clinicians Aren’t Buying In
There’s a big problem with measurement-based care in behavioral health that few are talking about: the fact that many clinicians are highly skeptical of payers.
September 22, 2023
PitchBook Q2 Healthcare IT Report
The capital-raising environment for healthcare IT companies has been helped by recent improvements in health systems’ finances and capacity to invest.
September 22, 2023
Structuring Value-Based Compensation Plans to Maximize Revenue under Alternative Payment Models
This shift from volume to value necessitates a strategic rethinking of compensation plans for healthcare providers to align incentives, optimize patient outcomes, and maximize revenue.
September 22, 2023
FTC Sues PE-backed Anesthesia Staffing Firm, Saying it Tried to Corner the Market
The FTC’s suit follows recent comments by Lina Khan, the commission’s chairwoman, that her agency would investigate anticompetitive practices among companies acquired by private-equity firms.
September 22, 2023
Understanding the Legal Lifecycle of a Home-Based Care Deal
There are also different types of diligence that can be conducted, including: financial, legal, insurance, employee benefits, billing and coding claims review and lender diligence.
September 22, 2023
Frustration Over Surprise Billing Implementation Builds in House Hearing
Rep. Richard Neal, D-Mass., ranking minority member and the law’s author, called the implementation a “disappointment.”
September 21, 2023
Healthcare Industry Divided over Draft Merger Guidelines
The proposed guidelines, released in July, could limit consolidation in all industries, including healthcare.
September 21, 2023
The Investment DSOs are Leaning Into
Several organizations launched continuing education and clinical training programs in recent years with the goal supporting dentists' career development.
September 21, 2023