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MarCap Acquisition by Tygris Completed |
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Written by Staff
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Friday, 27 June 2008 |
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Tygris Commercial Finance Group, a recently formed commercial finance company, has completed its acquisition of substantially all of the assets and business of MarCap, a Chicago-based middle market healthcare equipment finance company. MarCap joins Tygris Asset Finance, Tygris's middle market equipment leasing and asset finance business led by Laird Boulden, and will continue to operate under the MarCap brand. |
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In the News: MGMA Asks CMS to Take "Time Out" With Stark |
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Written by Staff
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Monday, 16 June 2008 |
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The Medical Group Management Association has asked CMS to
take a “time out” concerning the growing complexity of Stark regulations.
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Fee Splitting Arrangement Between Physicians and Medical Biller Invalidated by Court |
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Written by Stephanie Wasek
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Monday, 16 June 2008 |
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An Illinois appeals court has ruled that a percentage-based fee arrangement between a physician group and a medical billing company is invalid, affirming an earlier circuit court decision. |
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In the News: Judge's Decision on Hospital Suit Blocks Medicaid Cuts |
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Written by Staff
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Wednesday, 28 May 2008 |
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Hospitals will get a temporary reprieve from a change in Medicaid regulations that would cut hospital payments by an estimated $5 billion over the next five years, according to published reports. |
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Florida Law Makes Challenging CON Applications Potentially Very Expensive |
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Written by Staff
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Tuesday, 20 May 2008 |
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A new law intended to streamline Florida’s certificate of need (CON) process also carries with it a potentially costly bill for organizations opposing applicants. |
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Health System Settles Overpayment Claims With Feds for $7.75 Million |
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Written by Stephanie Wasek
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Thursday, 15 May 2008 |
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Baptist Health South Florida Inc., a healthcare system headquartered in Miami, has agreed to pay the United States $7,775,000 to settle claims that it violated the False Claims Act and the Stark Statute between 2003 and 2005, by paying excessive compensation to an oncology group that was a source of patient referrals to two of Baptists hospitals, the U.S. Department of Justice has announced. The settlement resulted from the company's disclosure to the Department of Health and Human Services Office of Inspector General. |
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FTC Tries to Block Inova Health, Prince William Hospital Merger |
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Written by Rob Kurtz
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Tuesday, 13 May 2008 |
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The Federal Trade Commission, joined by the Commonwealth of Virginia,
has filed a complaint in federal
court to block Northern Virginia’s Inova Health System Foundation’s proposed
acquisition of the Prince William Health System (PWHS) in Manassas, Va.
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Hospital Did Not Have Duty to Disclose Fired Anesthesiologist's Drug Problem, Says Federal Court |
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Written by Stephanie Wasek
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Monday, 12 May 2008 |
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A Louisiana hospital did not have a duty to disclose an anesthesiologist's drug problem in a reference to a prospective hospital employer, and therefore cannot be held liable for patient injuries the impaired physician subsequently caused at the new hospital, a federal appeals court has ruled. |
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MedAssets to Acquire Accuro Health Solutions |
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Written by Stephanie Wasek
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Friday, 02 May 2008 |
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Group purchasing organization MedAssets has announced it will acquire Accuro Healthcare Solutions, a provider of revenue cycle management solutions for hospitals and other healthcare providers. The combination of MedAssets and Accuro creates a leading healthcare ASP-based technology and services provider with 2007 pro forma net revenue of approximately $278 million; the combined companies' customer footprint is expected to exceed 3,300 U.S. hospitals, including more than 2,000 RCM hospital facility customers. |
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Legal Issues
