German health care products company Stada Arzneimittel could sell to CVC Capital Partners for up to $4.1 billion, AT&T is still in the running to buy Yahoo's core internet business, and Brazilian airport oversight agency Infraero hopes to raise $1.4 billion by selling stakes in five airports.
The proposed megamerger of health insurance giants Aetna and Humana would cause excessive harm to competition in Missouri and must be restructured to win approval, state regulators said in a decision released Wednesday.
Texas Attorney General Ken Paxton announced Wednesday that Texas has been joined by 10 other states in its push against an Obama administration directive to allow transgender students to use the bathroom that matches their gender identity, filing an official lawsuit challenging the rule in Texas federal court Wednesday.
A previous decision by the Third Circuit requiring data breach victims to show concrete injury should lead the appellate court to affirm dismissal of claims against Paytime Inc. by a proposed class of workers over a 2014 hack, Horizon Healthcare Services said in a support brief Tuesday.
The Second Circuit affirmed Wednesday that Zurich doesn't have to cover Lantheus Medical Imaging Inc.'s claim for $70 million in lost business tied to the shutdown of a nuclear reactor struck by lightning, agreeing with a New York district court that a policy exclusion for corrosion bars coverage.
The Third Circuit agreed late Tuesday to temporarily bar the pending merger of Penn State Hershey Medical Center and PinnacleHealth System while the court hears an appeal of a decision rejecting arguments from federal regulators that the deal would stifle health care competition in central Pennsylvania.
The Federal Trade Commission told an Illinois federal court Tuesday that evidence in a hearing over a bid to block a proposed merger of two Chicago-area hospitals shows the combination would hurt competition and raise prices for services.
The owner of a physical therapy clinic specializing in treating Parkinson’s disease and a Swiss medical device manufacturer he had partnered with told a Florida federal court Monday they settled a dispute over the confirmation of an arbitral award arising out of their failed venture.
Audits of hospital billing by the Office of Inspector General for the U.S. Department of Health and Human Services contain "numerous legal defects" and result in wildly excessive repayment demands, the American Hospital Association charged in a letter released Tuesday.
A blank check company formed to pursue acquisitions and a health care data provider set terms on initial public offerings totaling $341 million, while a Midwest bank raised $80 million Tuesday after pricing at the bottom of its already downsized range, kicking off a potentially busy week for deals.
The U.S. House passed a bill Tuesday that would get rid of Environmental Protection Agency permitting rules on using pesticides near bodies of water, after a veto threat from the White House maintaining the measure would not actually stop the spread of the Zika virus.
The former owner of a home health care business will spend 15-months in prison for running a $1.8 million scheme to send inflated patient bills to Medicaid, according to a judgment entered Monday in Illinois federal court.
Holliday Fenoglio Fowler LP recently secured a $42.9 million construction loan for the developer of a 134-unit luxury assisted living facility outside of Dallas, the commercial real estate services provider said Tuesday.
The American Civil Liberties Union on Tuesday accused the federal government of violating the Freedom of Information Act by failing to produce complaints against Catholic hospitals that allegedly withheld appropriate care from pregnant women.
The federal government told a Massachusetts federal court on Monday that the commonwealth’s new paid sick leave law is not preempted by a federal law that provides wage replacement for sick railroad workers, a boost for the state as it faces a lawsuit from CSX Transportation Inc. and Amtrak.
The Centers for Medicare & Medicaid Services told an Indian Health Service-operated hospital in South Dakota on Monday that CMS will terminate the hospital’s Medicare agreement unless it addresses an emergency room problem that poses an immediate risk to its patients.
A Massachusetts federal judge said Monday he would let most of a False Claims Act suit against Medtronic Inc. go through, including allegations of kickbacks and whistleblower retaliation, but dismissed claims regarding improper off-label promotion.
The board that oversees the conduct of Pennsylvania attorneys is mulling a change to professional rules that would allow lawyers to advise clients taking advantage of the state’s new medical marijuana legislation, according to a newsletter circulated Tuesday.
Health care investment firm OrbiMed Advisors LLC said Monday that it has closed a new fund focused on biopharmaceutical, digital health, medical device and diagnostics companies in Israel with $307 million.
Obviously, the Sixth Amendment’s right to counsel was a big winner after the U.S. Supreme Court's recent decision in Luis. But practically speaking, there may be no winners, says James Bell of Paganelli Law Group LLC.
A recent decision from the Southern District of Florida highlights the risks companies that collect or maintain sensitive personal information face when a rogue employee compromises data security. Data privacy and security policies and procedures should address and limit unauthorized access not only to external sources, but also to internal sources who may act outside the scope of their employment, say attorneys at Nixon Peabody LLP.
The federal False Claims Act may soon be reshaped. With a case pending before the U.S. Supreme Court on the controversial theory of implied false certification, a pair of interesting cases in the Second Circuit and a recent House Judiciary Subcommittee raising issues of FCA reform, the law may face changes in text or interpretation, say attorneys with Bradley Arant Boult Cummings LLP.
The same contingency-fee unclaimed property auditors that targeted life insurance companies are now turning their focus to other types of insurance, like health insurance and property and casualty insurance, raising a host of unique issues, say Wilson Barmeyer and Mary Jane Wilson-Bilik at Sutherland Asbill & Brennan LLP.
Nowhere is the attractiveness of law firms as cybercrime targets more evident than the recent Mossack Fonseca hack, believed to be the most significant data theft event in history. Firms represent a treasure trove of information and historically have had dreadful cybersecurity practices. There has been some progress, but firms can also commit to better defending their information by taking a simple, three-step approach, says Sean D... (continued)
While the Fourth Circuit’s recent ruling in Grimm v. Gloucester County School Board has been referred to as a landmark victory for transgender rights by some, a more careful reading of the decision indicates that the ruling was not necessarily a breakthrough for transgender rights, but a decision based on a conservative judicial approach to executive agency deference, says Susan Warner at Nelson Mullins Riley & Scarborough LLP.
Insurance companies should be careful not to coordinate too closely with state agencies when assisting on insurance fraud investigations, so as to prevent possible civil rights and constitutional claims from individuals who may be investigation targets, like in Patel v. Allstate at the Third Circuit, says Nicholas Basco at Bressler Amery & Ross PC.
In calling for mandatory pro bono service, U.S. Supreme Court Justice Sonia Sotomayor is effectively using her bully pulpit to advance the cause of access to justice for the poor. Her courageous leadership is a clarion call to action that must be heeded. But bold as it may be, the pronouncement is incomplete, says David Lash, managing counsel for pro bono at O’Melveny & Myers LLP and a member of the Association of Pro Bono Counsel.
Joining two firms with long histories meant not only combining cultures, philosophies and deeply rooted ways of doing business, but also combining two IT systems, two accounting systems, and two ways of handling many other administrative functions. It didn't help that the firms had different fiscal year ends, says John Langan, managing partner of Barclay Damon LLP.
The new governmental focus on enforcing antitrust laws apart from the M&A area has specific implications to the health care industry. Many aspects of health company operations and strategy could potentially implicate civil and criminal antitrust laws addressing price-fixing, market allocation and similar illegal conduct, say partners with McDermott Will & Emery LLP.