Here’s what you should know:
1. The jury sided with Highlands awarding the group $58 million, but did not grant additional punitive damages.
2. Highlands along with 2,100 people filed the class-action suit in 2016, alleging a breaches of contract, fiduciary duty and of the network access agreement. The suit also argued Wellmont made several other actions that negatively impacted Highland.
3. Wellmont intends to appeal the decision.
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At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.