The 2019 novel coronavirus (COVID-19) pandemic continues to have a significant effect on American lives and businesses. The healthcare industry is no exception, and private equity funds and other strategic buyers that invest...more
As states begin to reopen during the ongoing COVID-19 pandemic, healthcare providers will be seeking to capture demand and develop new patient opportunities. McGuireWoods partners Holly Buckley and Geoff Cockrell and John...more
General Distribution Portal Submission Closing on June 3, 2020 -
The U.S. Department of Health and Human Services announced on May 20 that eligible providers have until June 3, 2020, to accept the Terms and Conditions and...more
Broadstep Behavioral Health has received a growth investment from Bain Capital Double Impact, according to a joint news release....more
After issuing additional guidance regarding the Provider Relief Fund on May 6, 2020, the U.S. Department of Health and Human Services (HHS) announced on May 7 that providers would be given 15 additional days (through at least...more
Businesses are starting to reopen as stay-at-home orders and business closures resulting from the novel coronavirus (COVID-19) begin to ease. Unfortunately, reopening likely will not be an immediate return to business as...more
Consonance Capital Partners (CCP) has announced it has closed its second fund at the hard cap of $856 million....more
On April 26, 2020, the Centers for Medicare & Medicaid Services (CMS) announced it was immediately suspending its advance payment program to Part B suppliers, and re-evaluating the amounts that will be paid to providers under...more
On April 22, 2020, the U.S. Department of Health and Human Services (HHS) announced the release of the remaining $70 billion of the $100 billion Public Health and Social Services Emergency Fund (Provider Relief Fund)...more
The Centers for Medicare & Medicaid Services (CMS) recently released its first phase of recommendations regarding reopening medical facilities for the provision of non-emergent procedures unrelated to the 2019 novel...more
Update: This article was originally published April 2, 2020. It has been updated to reflect new guidance made available recently in federal responses to the COVID-19 pandemic and summarizes important interactions that...more
On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). This is alert is part of a series of alerts discussing the CARES Act provisions that are most important to...more
3/31/2020
/ Business Interruption ,
CARES Act ,
Coronavirus/COVID-19 ,
Financial Stimulus ,
Health Care Providers ,
Healthcare Facilities ,
Hospice ,
Hospitals ,
Relief Measures ,
SBA Lending Programs ,
Telehealth
On March 28, 2020, the Centers for Medicare & Medicaid Services (CMS) released guidance expanding its Accelerated and Advanced Payment Program, which now allows most Medicare Part A and Part B providers and suppliers to...more
As effects from the 2019 novel coronavirus (COVID-19) pandemic set in, stay-at-home orders and business closures are disrupting American lives and businesses. The healthcare industry is no exception, with the pandemic both...more
3/30/2020
/ Centers for Medicare & Medicaid Services (CMS) ,
Coronavirus/COVID-19 ,
Emergency Management Plans ,
Health Care Providers ,
Medicaid ,
Medical Reimbursement ,
Medicare ,
Public Health ,
Relief Measures ,
Telehealth ,
Telemedicine
As the 2019 novel coronavirus (COVID-19) continues to spread and disrupt American lives and businesses, the healthcare industry will experience significant practical, financial and legal challenges. As federal and local...more
On March 16, 2020, the U.S. House of Representatives unanimously passed corrections to the Families First Coronavirus Response Act (H.R. 6201), which was originally passed by the House on March 14, 2020. On March 19, the...more
The unprecedented public health emergency created by the coronavirus disease (COVID-19) has sparked action by the U.S. government to ensure greater access to healthcare via telehealth services, especially for high-risk...more
On March 14, 2020, the U.S. House of Representatives voted 363 to 40 (with one representative voting present) to pass H.R. 6201 – Families First Coronavirus Response Act. The bipartisan legislation, negotiated between House...more
As part of the White House Coronavirus Task Force’s ongoing efforts to respond to and contain the spread of the 2019 novel coronavirus (COVID-19), on March 10, 2020, the Centers for Medicare & Medicaid Services (CMS) issued a...more
Bregal Sagemount has announced the closing of its third fund with $1.5 billion in committed capital....more
Cimarron Healthcare Capital has announced it has sold its stake in Linen King to Seaport Capital.
Linen King, based in Tulsa, Okla., is a provider of outsourced healthcare laundry services to hospitals and healthcare...more
Tryko Partners has announced it has acquired Glendale Uptown Home.
Glendale Uptown Home, renamed Roosevelt Rehabilitation & Healthcare Center, is a 240-bed skilled nursing center in Philadelphia....more
WindRose Health Investors has announced it has completed the sale of its portfolio company, Trust Healthcare Consulting Services (TrustHCS).
TrustHCS was acquired by a joint venture established by an affiliate of The...more
Cimarron Healthcare Capital (CHC) has acquired Infusion Management, according to a news release.
Infusion Management, headquartered in Thousand Oaks, Calif., is an infusion therapy management services organization...more
As discussed in a previous alert, the U.S. Department of Health and Human Services (HHS) Office for Civil Rights (OCR) recently issued a proposed rule amending provisions of its 2016 rule prohibiting certain forms of...more