[05/10/24]
Posted on May 10, 2024 in Health Law News
Published by: Hall Render
In a recent interview, the CFO of CA-based Prime Healthcare shed light on its real estate strategy. In 2020, most of Prime’s facility real estate was owned by a third party, with annual rental rates over $1.4B. Four years later, Prime now owns the real estate of 40 of its 44 hospitals and is... READ MORE
Tags: Health Care Real Estate, Health Care Real Estate Briefing
[05/10/24]
Posted on May 10, 2024 in Health Law News
Published by: Hall Render
On April 10, 2024, the Centers for Medicare & Medicaid Services (“CMS”) announced its plan to implement the Transforming Episode Accountability Model (“TEAM”), a new mandatory alternative payment model unveiled as part of the 2025 Hospital Inpatient Prospective Payment System proposed rule. TEAM is an episode-based payment model in which selected acute care hospitals... READ MORE
Tags: Centers for Medicare and Medicaid Innovation, CMMI, cms, TEAM Model, Transforming Episode Accountability Model
[05/10/24]
Posted on May 10, 2024 in Health Law News, Health Provider News
Published by: Hall Render
NATIONAL A 340B Compromise at Last? Draft Federal Legislation May Provide a Clear Path Forward ACR urges ‘swift congressional action’ to increase the supply of radiologists ASCA elects new president AMA says Change Healthcare breach is crippling independent practices Amazon Clinic executive departs for venture capital firm AstraZeneca withdraws COVID-19 vaccine worldwide, cites commercial... READ MORE
[05/08/24]
Posted on May 8, 2024 in Health Law News
Published by: Hall Render
Health care continues to drive private equity (“PE”) activity, creating opportunities for investors and traditional health care providers. Transactions in the health care space are especially complicated, layering health care regulatory and reimbursement considerations on top of a complex securities, antitrust, privacy and security framework. Hall Render’s PE team of attorneys and advisors leverage... READ MORE
Tags: PRIVATE EQUITY, Private Equity Deal Spotlight
[05/03/24]
Posted on May 3, 2024 in Health Law News, Health Provider News
Published by: Hall Render
NATIONAL 20 states with most rural hospital closures AAMC study examines the impact of health care consolidation in states Change Healthcare cyberattack was due to a lack of multifactor authentication, UnitedHealth CEO says CMS Says National Nursing Home Staffing Campaign in the Pipeline, With More Details This Summer CVS buys Medicare Advantage brokerage FTC... READ MORE
[05/01/24]
Posted on May 1, 2024 in Health Law News
Published by: Hall Render
Walmart Health announced plans to close all 51 of their health care clinics and virtual health care operations, citing a lack of profitability. A Walmart spokesperson said, “Health care is expensive to run. We were finding that the increased labor and operating costs environment, like with reimbursement, both public and private, made it difficult... READ MORE
Tags: Health Care Real Estate, Health Care Real Estate Briefing
[04/30/24]
Posted on April 30, 2024 in Health Law News
Published by: Hall Render
On April 23, 2024, the U.S. Department of Labor (“DOL”) announced a final rule (“Final Rule”) scheduled to take effect on July 1, 2024. The Final Rule updates regulations concerning the exemption from minimum wage and overtime pay requirements for executive, administrative and professional employees (“E/A/P”) authorized under Section 13(a)(1) of the Fair Labor... READ MORE
Tags: department of labor, DOL, Fair Labor Standards Act, FLSA, Minimum Wage
[04/29/24]
Posted on April 29, 2024 in Health Law News
Published by: Hall Render
On April 15, 2024, the Criminal Division of the Department of Justice (“DOJ”) issued a new pilot program to incentivize individuals to come forward with voluntary disclosures (the “Program”). Under this Program, individuals with criminal exposure who come forward and report misconduct that was otherwise unknown to the DOJ may be eligible to receive... READ MORE
Tags: Department of Justice, DOJ, Non-Prosecution Agreement, self-disclosure, Voluntary Disclosures
[04/26/24]
Posted on April 26, 2024 in Health Law News
Published by: Hall Render
JLL issued a Medical Outpatient Building Perspective whitepaper. Key takeaways: (i) outpatient volumes will continue to grow, particularly in off-campus MOBs; (ii) MOB demand has outpaced supply since 2021, causing occupancy to rise; (iii) rising construction costs are leading to less new construction; and (iv) MOB cap rates have risen 100-150 bps since Q4... READ MORE
Tags: Health Care Real Estate, Health Care Real Estate Briefing
[04/26/24]
Posted on April 26, 2024 in Health Law News, Health Provider News
Published by: Hall Render
NATIONAL 5 numbers on the rise of Stark law violations 3 takeaways on the new federal data privacy proposal after its first public showcase 80% of Change Healthcare restored after cyberattack Authentication failure blamed for Change Healthcare ransomware attack Biden administration issues new rule to protect privacy of those seeking reproductive health care: ‘No... READ MORE