On May 29, 2024, a lawsuit was filed in the U.S. District Court for the Eastern District of Texas, challenging the U.S. Food and Drug Administration’s final rule concerning the regulatory status of laboratory developed tests (“LDTs”) under the Federal
Health Care
An Overview of the ACO Primary Care Flex (ACO PC Flex) Model
In March 2024, the Centers for Medicare & Medicaid Services (CMS) released a new voluntary model called the ACO Primary Care Flex Model (ACO PC Flex Model). This model focuses on primary care delivery within the Medicare Shared Savings Program…
Congress Seeks to Extend COVID-19 Telehealth Flexibilities Through 2026 and Expand Reimbursement
On May 16, 2024, the Subcommittee on Health of the House Committee on Energy and Commerce (the “Subcommittee”) announced that it advanced the Telehealth Modernization Act of 2024 (H.R. 7623) as amended (the “Bill”) during a markup session. The Bill…
Increasing Colorado Hospital Reimbursement by Paying to the Upper Payment Limit
This post is the first in a series dedicated to Colorado’s Medicaid finance and payment systems, challenges faced by those programs, and opportunities for expansion.
The Colorado Healthcare Affordability and Sustainability Enterprise (CHASE) oversees Colorado’s hospital provider tax and the…
Healthcare & Life Sciences Private Equity Deal Tracker: GTCR to Acquire Surmodics for $627 Million
GTCR will acquire Surmodics for approximately $627 million and then take the company private, according to a news release.
Surmodics (Nasdaq: SRDX), founded in 1979 and based in Eden Prairie, Minnesota, is a provider of medical device and in…
Mom’s Dementia and the empty house: Using the power of attorney to move on
One of the most difficult challenges for a financial POA agent is the parent’s empty house. Dementia has robbed the parent of the life skills needed to continue living at home and the health care POA agent has already made…
Medical: Representative proceedings settlement approval.
Raad & Ors v The Cosmetic Institute Pty Limited & Ors [2024] NSWSC 650 (Link to Caselaw)
The 12 plaintiffs were women who alleged that they have suffered personal injury arising out of breast augmentation surgery performed on them by…
Abuse: Assessment of damages for abuse by brother of claimant.
Watt v Redman [2024] NSWSC 638 (Link to Caselaw)
Proceedings were brought against the defendant (the plaintiff’s brother) on the basis that while the plaintiff was a child, he too was living in the family home and, for a…
Designating a Platform Technology: FDA’s Long-Awaited Draft Guidance
In newly released Draft Guidance from the U.S. Food and Drug Administration (FDA) entitled, Platform Technology Designation Program for Drug Development, the FDA addresses its new designation program for platform technologies, which is intended to bring efficiencies to drug development, manufacturing,…
Update: California State Assembly Passes AB 3219 Requiring State Approval of Private Equity Healthcare Deals
California’s AB 3219, which would require private equity firms and hedge funds to obtain prior approval to consummate certain healthcare-related transactions, is now one step closer to becoming law following the State Assembly’s May 22, 2024 passage of the…