Life is hectic, we know, so here’s a recap of the Healthcare Weekly Hot Topics you can’t afford to miss:
- Tenet To Pay $66 Million to Resolve Kickback Lawsuit. Becker’s Hospital Review. November 6, 2019.
The lawsuit alleges the company billed government payers for services provided by physicians who had an improper financial relationship with a surgery center. The complaint alleges various violations of the False Claims Act, Anti-Kickback Statute, and Stark Law.
2) Stryker to Buy Wright Medical Group for $4 Billion. Reuters. November 4, 2019.
Stryker to buy Wright Medical Group for $4 billion in cash which will expand into the fast-growing business of implants for shoulders and wrists.
3) White House and Pelosi Part Ways on Relief for Drug Prices. AP News. November 5, 2019.
A senior White House official said the administration has concluded that Pelosi’s plan is “unworkable” and Trump will instead support bipartisan legislation pending in the Senate.
4) Breach at Veritas Exposed Customer Information. Bloomberg. November 6, 2019.
Veritas said it became aware that a customer-facing portal had been recently accessed by an unauthorized user. The company said that the portal didn’t contain genetic data, DNA-test results or health records.
5) Judge Shields Purdue Pharma from Litigation Until April. Reuters. November 6, 2019.
Purdue Pharma and the company’s family owners will be shielded until April 8, 2020, from sprawling opioid litigation to give the maker of OxyContin time to try to reach a legal settlement the company says is worth $10 billion.
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