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VA Rejects HCA’s Plan for $234M Hospital
Nashville, TN-based HCA Healthcare proposed the 60-bed hospital in January.
Baby HSRs: States are Modeling Laws after Federal Act to Investigate More Transactions
More states are enacting laws modeled after the federal Hart-Scott-Rodino (HSR) Act.
Digital Health Investments Shift to Disease Treatment, Workflow Solutions and VBC in Q3: Rock Health
In the third quarter of 2023, U.S. digital health startups raised $2.5 billion across 119 deals, the second-lowest quarter by funding total since the fourth quarter of 2019.
FemHealth Ventures Closes $32 Million Fund for Women’s Health Investments
Fundraising came in above goal but below the $50 million hard cap.
Massachusetts Health System Files for Bankruptcy
Gardner, MA-based Heywood Healthcare has filed for Chapter 11 bankruptcy protection, citing a string of challenges "hindering its sustainability."
Bon Secours, Anthem End Dispute, Reach Contract Accord
The new agreement through 2028 applies to all Bon Secours Mercy Health hospitals, outpatient care centers, and physician offices in Ohio, Virginia, and Kentucky for Anthem Medicare Advantage, Medicaid, employer-sponsored and exchange members.
CMMI Increased Federal Spending by $5.4B during its First Decade, Report Finds
CMMI’s work is projected to increase net federal spending by $1.3 billion, or 0.01% of net spending on Medicare from 2021 to 2030, according to the report.
Private Equity Blasts Antitrust Agencies’ Efforts to Slow Mergers
The American Investment Council, the chief lobbying group for the nearly $12 trillion private-markets investment sector, is challenging efforts by Biden administration regulators to potentially block deals.
SmileDirectClub Files for Bankruptcy, Capping Years of Losses
Nashville, TN-based SmileDirectClub listed $499 million of assets and more than $1 billion of liabilities in its bankruptcy petition.
PE Healthcare Deals Feel a Sector-Specific Squeeze
In healthcare services and health-focused IT sectors, the number of deals reached fresh lows in Q2—down more than 70% from peak dealmaking times in the fourth and second quarters of 2021, respectively, according to PitchBook.