Stakeholders negotiating sweeping amendments to federal accreditation regulations proposed by the U.S. Department of Education (ED) will begin their final session to achieve consensus on May 18, 2026.
A week-long effort in April revealed deep divisions among negotiators on the Accreditation, Innovation, and Modernization (AIM) Committee of the ED. Debates broke out over the ED’s…
THL Partners has announced the closing of its newest fund.
The fund — THL Equity Fund X — closed with $6.35 billion in investable capital.
THL, founded in 1974 and based in Boston, is a private equity firm investing in middle market growth companies in a few sectors, including healthcare. The firm typically targets…
Mako Capital Group has announced its launch.
Mako, based in Miami, is a private equity firm specializing in acquiring lower-middle market U.S. companies in healthcare, financial and other services. Mako targets businesses with $5 million to $15 million of EBITDA and invests $25 million to $50 million of equity per transaction. The firm was…
Oncology commands roughly 40% of the national drug spend. Retina is close behind. “If you follow the drug spend, you’ll find that the distributors are really building an ecosystem around it,” says Jeanne Proia, managing director at Cross Keys Capital and president of its healthcare services group.
In this conversation with McGuireWoods partner…
THL Partners will acquire Celerion from H.I.G. Capital for $1.8 billion, according to news releases and industry reports.
Celerion, formed in 2010 and based in Lincoln, Nebraska, is a global provider of clinical pharmacology and bioanalytical sciences.
THL, founded in 1974 and based in Boston, is a private equity firm investing in…
On April 30, 2026, the Department of Justice’s (“DOJ”) National Fraud Enforcement Division (“Fraud Division”) announced the formation of the West Coast Health Care Fraud Strike Force, a multi-district enforcement initiative spanning Arizona, Nevada, and the Northern District of California. [1] Announced by Assistant Attorney General Colin McDonald, the new Strike Force signals a significant escalation of federal health care fraud enforcement in the broader West Coast region and warrants close attention from health care providers, technology companies, and other industry participants operating in the area.
The U.S. Department of Health and Human Services Office of Inspector General (OIG) updated its FAQs on Fraud and Abuse Authorities to add a new answer on fair market value (FMV) in FAQ 17 and revise the answer on how the physician self-referral law (Stark Law) overlaps with the federal Anti-Kickback Statute (AKS) in FAQ…
Accel-KKR has invested in Staritas, according to a news release.
Staritas, based in Boston, is the spend management and recall management solutions company spun out by ECRI, a global healthcare quality and safety nonprofit organization.
Accel-KKR, founded in 2000 and based in Menlo Park, California, is a technology-focused investment firm. The…
Grovecourt Capital has announced an investment in Guide Architecture.
Guide, founded in 2014 and based in Dallas, is a national architecture and interior design firm dedicated to the healthcare industry.
Grovecourt, founded in 2022 and based in West Palm Beach, Florida, is a lower middle market private equity firm that seeks investments in…
Employers nationwide are experiencing a new wave of ERISA litigation targeting so-called “tobacco surcharges” on employees enrolled in employer-sponsored health plans. Because these lawsuits are generally brought as putative class actions, the stakes can be significant and some multi-million dollar settlements have already become public. But employers need not face the costs of defending and resolving these ERISA cases alone. Fiduciary liability insurance policies generally require insurers to pay for defense costs incurred in ERISA class actions and, depending on their terms and conditions, fiduciary liability policies may cover most, if not all, of any eventual settlements or judgments. Employers should carefully review reservation of rights letters and resist efforts by fiduciary liability insurers to improperly resist or limit coverage for tobacco surcharge litigation.
