Law 360 M&A

JANUARY 1, 2024

People in the hospitality industry work to project the image that they enjoy nothing more than making customers happy and serving them tirelessly, but the reality can be a darker one — especially in courts of law and at regulatory agencies, where issues involving hotels, restaurants and other businesses reveal what goes on behind the scenes.

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Mckinsey and Company

MAY 5, 2023

Will hospitals’ efforts bend the curve? Nearly a third of surveyed nurses still report an intent to leave their current jobs.

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Law 360 M&A

APRIL 16, 2024

North Carolina's treasurer agreed Monday that Novant Health's $320 million plan to pick up a pair of hospitals is a bad idea, throwing its weight behind the Federal Trade Commission's challenge to the deal in federal court.

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Law 360 M&A

MARCH 26, 2024

The Federal Trade Commission is urging a North Carolina federal court to pause Novant Health's $320 million deal for a pair of hospitals, contending the move would give Novant an "eye-popping" share of the hospital market in a Charlotte suburb.

Marketability 52

Marketability 52

Shephard Mullin M&A

NOVEMBER 1, 2023

Hospital mergers have been an increasing trend in the healthcare markets over the past decade, with many proponents of these mergers believing that the overall consolidation of hospital services provides better outcomes for patients at large, and opponents arguing that these mergers only result in increased costs to patients.

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Marketability 52

Machen McChesney

MAY 26, 2023

Three years after the onset of the coronavirus pandemic, the hospitality industry, like others, is still recovering. An ongoing labor shortage and emerging competition from resort hospitality locations have further strained some hospitality markets still adapting to shifting consumer demands.

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Marketability 87

Mckinsey and Company

NOVEMBER 30, 2022

Eleven Madison Park cofounder Will Guidara explains why a hospitality economy is on the horizon and shares the “unreasonable” strategies that he has used to lead restaurants to the top of their game.

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Law 360 M&A

APRIL 4, 2024

When the Federal Trade Commission goes to trial April 29 against an allegedly anti-competitive hospital merger, the agency won't have to contend with defense assertions that its structure is unconstitutional right away, but a North Carolina federal judge refused Thursday to scrub them entirely.

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Law 360 M&A

NOVEMBER 23, 2022

Bankrupt hospital operator Pipeline Health System asked a Texas judge to approve a $92 million sale of its Illinois medical facilities, saying the transaction will enable those hospitals to remain in operation.

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Law 360 M&A

FEBRUARY 22, 2024

Two healthcare companies cannot escape a consolidated antitrust suit claiming that a North Carolina hospital system drove up the price of health insurance for public employees, as a federal judge has found that the claims plausibly allege that the anti-competitive conduct occurred within the time window to sue.

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Law 360 M&A

MARCH 15, 2024

Two North Carolina hospital systems shot back at the Federal Trade Commission's contention that constitutional defenses are immaterial to the agency's challenge of a $320 million merger plan, arguing that case law shows that striking the positions would be premature.

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Law 360 M&A

MARCH 1, 2024

The Federal Trade Commission has urged a federal court to trim Novant Health's defenses in the agency's challenge of a $320 million plan to buy two North Carolina hospitals, citing case law holding that constitutional arguments are immaterial to the court's consideration of an antitrust injunction bid.

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Law 360 M&A

JANUARY 24, 2024

An Illinois federal judge granted initial approval Wednesday to a $55M settlement by NorthShore University HealthSystem, resolving a 16-year-old antitrust class action over alleged price hikes the health system instituted following a merger in 2000 with Highland Park Hospital.

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Law 360 M&A

FEBRUARY 1, 2024

is selling four of its California hospitals in Orange County and Los Angeles County to UCI Health in an all-cash deal of around $975 million, the two announced Thursday. Tenet Healthcare Corp.

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Benzinga

MAY 1, 2024

This acquisition represents a milestone in our organization, as it is the first acquisition of a long-term acute care hospital in our company's history," said Barry Port, Ensign's Chief Executive Officer. "We The real estate was acquired by a subsidiary of Standard Bearer Healthcare REIT, Inc.,

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Benzinga

JUNE 24, 2022

Eton Pharmaceuticals Inc (NASDAQ: ETON ) has sold its hospital products to Dr. Reddy's Laboratories SA, a subsidiary of Dr. Reddy's Laboratories Ltd (NYSE: RDY ), for $50 million.

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LaPorte

DECEMBER 22, 2023

(authored by RSM US LLP) In an effort to combat cyber threats, New York state has proposed new regulations applicable to all hospitals in the state. The post New York hospitals face new cybersecurity rules. Will other states follow? first appeared on LaPorte.

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Financial Times M&A

AUGUST 29, 2023

US health insurer faced anti-privatisation protests and hospital integration proved tricky

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Marketability 111

Law 360 M&A

FEBRUARY 15, 2024

For-profit hospital network HCA Management Services has fired back at claims of rampant mismanagement at its Asheville, North Carolina, hospital, saying the state attorney general's office has made accusations about the quality of care that aren't based on the terms agreed to when HCA bought the hospital four years ago.

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Law 360 M&A

NOVEMBER 17, 2023

for three hospitals in South Carolina and their affiliated operations, with a Tenet subsidiary set to help Novant manage the revenue cycles for the hospitals, the companies announced Friday. Novant Health will pay $2.4 billion to Tenet Healthcare Corp.

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Law 360 M&A

JANUARY 30, 2024

Novant Health's push to buy two North Carolina hospitals is on hold after a federal judge granted a temporary restraining order Monday pausing the $320 million transaction, a step each party agreed to amid the antitrust challenge.

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LaPorte

AUGUST 23, 2023

A bipartisan group of senators recently called for the IRS to investigate the tax-exempt status of nonprofit hospitals. What does this mean for hospitals, and… The post Senators Request Review of Tax-Exempt Status of Hospitals first appeared on LaPorte.

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Law 360 M&A

NOVEMBER 29, 2022

A Texas bankruptcy judge gave hospital operator Pipeline Health System approval to sell two Chicago hospitals in a two-part, $92 million transaction despite saying there was a serious risk the deal could go awry before the second part closes.

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LaPorte

FEBRUARY 23, 2024

The post Beyond M&A: Hospitals turn to joint ventures for growth, patient focus first appeared on LaPorte. (authored by RSM US LLP) As margins struggle to rebound to pre-pandemic levels, strategic partnerships are expected to rise in health care this year.

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Benzinga

APRIL 20, 2022

Wall Street Journal reported that a KKR & Co Inc (NYSE: KKR )-led consortium offered to buy Australian hospital operator Ramsay Health Care Ltd (OTC: RMSYF ) (OTC: RMYHY ) for roughly $14.9 Ramsay is Australia’s largest private hospital operator and operates in the U.K., France, Scandinavia, Malaysia, and Indonesia.

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Marketability 98

Law 360 M&A

MARCH 6, 2024

A North Carolina federal magistrate judge has overruled two hospital systems' objections to the depositions of six Novant Health employees by the Federal Trade Commission in its antitrust action against a proposed $320 million merger, rejecting the healthcare providers' arguments that such depositions would be duplicative.

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NYT M&A

JULY 25, 2023

Undoing hospital monopolies may be a lost cause.

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Mergers & Acquisitions 98

Law 360 M&A

FEBRUARY 23, 2023

A federal judge in Illinois has rejected a hospital system's attempt to derail a certified antitrust class action, saying the hospital patients' economic study of the suburban Chicago system's price increases after a 2000 merger could be enough for a jury to decide it dominated the local healthcare market and charged artificially high rates.

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Marketability 75

Benzinga

FEBRUARY 26, 2024

26, 2024 (GLOBE NEWSWIRE) -- WellSpan Health and Evangelical Community Hospital have entered into a definitive agreement to enhance community-based health care across the region. Pending regulatory approval, Evangelical Community Hospital will become WellSpan Evangelical Community Hospital on or about July 1, 2024.

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Mckinsey and Company

JUNE 23, 2022

Learn the five key trends affecting hiring in the hospitality sector and three steps employers can take to attract top talent.

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Law 360 M&A

FEBRUARY 29, 2024

is selling two of its hospitals on the central California coast to health system Adventist Health for around $550 million, the two announced Thursday. Tenet Healthcare Corp.

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Law 360 M&A

SEPTEMBER 7, 2022

A Pennsylvania hospital sold "as is" had been in compliance with all its necessary state and federal licensing at the time the deal between Community Health Systems Inc. and Tower Health closed, so CHS hadn't violated the purchase agreement when Tower had to update fire-safety plans to keep the hospital's licenses, a federal judge ruled.

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Compliance 75

Law 360 M&A

NOVEMBER 17, 2023

million deal to take sole ownership of San Ramon Regional Medical Center over concerns about the price and quality of inpatient hospital care in the San Francisco Bay Area. The Federal Trade Commission said Friday that enforcers are challenging John Muir Health's planned $142.5

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Mckinsey and Company

JULY 11, 2022

Spain’s hospitality industry could make use of five key acquisition trends to attract and retain talent.

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Business Wire M&A

APRIL 6, 2023

BUSINESS WIRE)--Caring Hands Animal Hospital Joins Veterinary Practice Partners (VPP) KING OF PRUSSIA, Pa.--(BUSINESS

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Law 360 M&A

JANUARY 5, 2024

A group of North Carolina residents are pushing the state Business Court to move ahead with discovery in their antitrust suit against Mission Hospital and its new owners, saying the case shouldn't have to idle while they wait for a long-delayed ruling in parallel federal litigation.

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LaPorte

JUNE 2, 2023

Hospitals with tax-exempt status face legislative scrutiny as Congress discusses the value of the tax-exemption benefit received by nonprofit hospitals. The post Risk of losing tax-exempt status could be disruption for many nonprofit hospitals first appeared on LaPorte.

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