On Sept. 17, the U.S. Department of Justice released the results of its 2021 Healthcare Takedown — an annual announcement aggregating months of investigations and indictments across the country involving fraud in the healthcare and life sciences industries.
Read on for details and analysis of criminal charges against 138 defendants, including 42 medical professionals, related…
WindRose Health Investors has announced it has completed the sale of Vital Decisions to Evolent Health.
Vital Decisions, based in Edison, N.J., is a provider of technology-enabled advance care-planning services. Founded in 2006, the company provides collaborative decision making and advance care-planning support for members of a health plan’s population through a suite of…
The Department of Justice’s Civil Rights Division, the U.S. Attorney’s Office for the Northern District of California, and San Jose State University (SJSU) settled the government’s Title IX investigation into a decade’s worth of sexual harassment allegations. The June 2020 allegations of “employee-on-student sexual harassment” and retaliation within the University’s athletics department prompted the government’s investigation. In September 2021, the government announced its findings against the University under Title IX, and its implementing regulations, that SJSU failed to respond to sexual assault allegations even though the SJSU had actual notice of these allegations. Chief among the University’s investigatory failures was its incomplete interview of affected complainants. Additionally, the school retaliated against two employees, one employee for urging the school to address the sexual harassment, including sexual assault, and the other employee for expressing opposition to retaliation against the reporting employee.
On Sept. 15, the Federal Trade Commission issued a policy statement emphasizing that developers of health apps and other connected devices and their service providers must meet breach notification requirements under the Health Breach Notification Rule, including a rapid 10-day notice period to the FTC and a 60-day notice period to individuals and the media.…
Pharos Capital Group has announced it has acquired THEMA Health Services.
THEMA, based in Prescott, Ariz., is a provider of hospice, skilled home health and palliative care services throughout Arizona. Founded in 1996, the company provides hospice care, including routine medical care, pain and symptom management, and emotional and spiritual support for terminally ill…
SEC v. Bullard, et al. is a new complaint filed by the SEC in the District of Minnesota on August 27, 2021. The complaint alleges Jason Dodd Bullard and his wife Angela Romero-Bullard (the “Bullards”), the owners of Bullard Enterprises LLC (collectively “Defendants”), defrauded around 200 investors of approximately $17.6 million as part of a Ponzi scheme where the Bullards falsely claimed investors funds would be used to trade foreign currencies. The complaint alleges Defendants violated Section 17(a) of the Securities Act and Section 10(b) and Rule 10-b-5 of the Securities Exchange Act.
1315 Capital has announced it has acquired Homestead Smart Health Plans.
Homestead Smart Health Plans, based in Philadelphia, operates in the reference-based pricing solutions market. It serves employers with a technology platform and service offerings, including third-party administration, reference-based pricing and stop-loss insurance.
1315 Capital, based in Philadelphia, is a healthcare-focused growth equity…
Atlantic Street Capital has announced it has acquired Prestige Medical Imaging (PMI).
PMI, based in Newburgh, N.J., is a medical imaging solutions company providing equipment service, maintenance and support to hospitals, physician practices, ambulatory surgery centers and sports teams across the United States. Founded in 2003, the company describes itself as the “largest independent…
The Sixth Circuit has upheld the felony conviction of a former state party chair for illegal campaign contributions by a corporation he owned, in a case that both serves as an important reminder of the prohibition on corporate contributions to federal campaigns and shows that the Justice Department may be stepping up criminal election law enforcement while the Federal Election Commission is consumed by deadlock.
One might think that any company reasonably anticipates litigation after suffering a data breach, so the work product doctrine would almost inevitably protect its data breach investigation. But only a handful of companies have succeeded in claiming such protection.
In In re Rutter’s Data Security Breach Litigation, Civ. A. No. 1:20-CV-382, 2021 U.S. Dist.…
