Council Capital has announced its acquisition of MedicalServiceQuotes.com (MSQ).
MSQ, founded in 2009 and based in Castle Rock, Colorado, is a technology platform for payers and employers to procure and manage ancillary services and pharmacy benefits.
Council, founded in 2000 and based in Nashville, Tennessee, focuses on lower middle market healthcare companies. The…
A federal court blocked the enforcement of a Texas law requiring food manufacturers to place conspicuous warning labels on products containing one or more of the statute’s listed ingredients. The court’s decision in American Beverage Association, et al. v. Paxton, Case No. 6:25-CV-00566-ADA-DTG (W.D. Tex., Dec. 5, 2025) — and the appeal that followed…
Havencrest Capital Management has announced a majority recapitalization of OFFOR Health.
OFFOR, founded in 2014 and headquartered in Columbus, Ohio, provides office-based anesthesia services for complex pediatric dental procedures.
Havencrest, founded in 2018 and based in Dallas, is a lower middle market private equity investment firm focused exclusively on the healthcare industry. The…
The insurance industry has been swift to adopt artificial intelligence (“AI”). According to consulting firm McKinsey & Company, 76% of insurers surveyed have already begun using generative AI in their day-to-day operations. [1] This adoption spans the different facets of insurers’ work cycles, including claims, underwriting, legal, and risk management. Policyholders and their attorneys must remain aware of the potential pitfalls of AI implementation, particularly as it pertains to claims management.
On March 13, 2026, the Trump administration issued an executive order directing the Federal Trade Commission (FTC) to prioritize enforcement actions against unlawful Made in USA statements, signaling heightened scrutiny of country-of-origin representations. In the wake of this directive, on April 14, 2026, the FTC announced enforcement actions and settlements involving three companies alleged to…
“Our big mantra is: ‘Medicine is local,'” says Kevin Baker, who partners with emergency medicine groups across the United States in his role as director of development at Emergency Care Partners.
In this conversation with McGuireWoods partner and host Geoff Cockrell, Kevin lays out the landscape of the U.S. emergency department sector,…
The General Services Administration (GSA) Federal Acquisition Service has released draft contract terms and conditions related to artificial intelligence (AI)-related procurements through a new proposed GSAR clause 552.239-7001, “Basic Safeguarding of Artificial Intelligence Systems (FEB 2026) (GSAR Deviation), that would impose material new requirements on contractors and service providers supplying artificial intelligence capabilities to the federal government. If adopted, the clause would be inserted into all solicitations and contracts for AI capabilities and would govern data rights, disclosure obligations, security protocols, and performance standards for AI systems used in federal operations. Federal contractors, technology vendors, and their in-house operations and counsel teams should closely review the proposed terms, as they represent one of the most comprehensive efforts to date to regulate the procurement and use of AI systems across the federal enterprise.
BPOC has announced the sale of Midwest Products & Engineering (MPE) to Graham Partners.
MPE, founded in 1978 and based in Milwaukee, Wisconsin, is a contract designer, developer and manufacturer of electromechanical and robotic-assisted surgical systems for the medical device market.
BPOC, founded in 1996 and based in Chicago, seeks control and minority…
In this episode of the Becker Private Equity & Business Podcast, McGuireWoods Partner Amber Walsh draws on Bruce Lee’s philosophy of taking what is useful, discarding what is not, and forging a personalized path forward, exploring how those principles apply to leadership, mentorship, and continuous growth in business and life.
Listen to the full
On April 7, 2026, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”) issued a Notice of Proposed Rulemaking (“NPRM”) that would formalize and, in certain respects, update the requirements for financial institutions’ anti-money laundering and countering the financing of terrorism (“AML/CFT”) programs under the Bank Secrecy Act (“BSA”). While FinCEN has characterized the proposed rule as the centerpiece of Treasury’s broader effort to modernize the U.S. AML/CFT regulatory and supervisory framework, many of its core elements reflect longstanding statutory requirements and supervisory expectations. The proposed rule fully supersedes a prior proposed rule FinCEN published on July 3, 2024, which the agency is withdrawing. Concurrently, the Office of the Comptroller of the Currency (“OCC”), the Federal Deposit Insurance Corporation (“FDIC”), and the National Credit Union Administration (“NCUA”) (collectively, the “Agencies”) issued their own joint NPRM proposing substantially aligned amendments to their respective AML/CFT program rules for banks they supervise. Public comments are due 60 days after publication in the Federal Register.
This alert summarizes the key provisions of both proposals, describes the proposed changes to bank supervision and enforcement, and identifies practical implications for financial institutions and compliance professionals. As discussed below, many of the proposed requirements may be familiar to institutions with mature, risk-based AML/CFT programs.
