In May 2007, Carolinas HealthCare System, the largest health-care system in the Carolinas, and Stanly Regional Medical Center, headquartered in Albemarle, NC, entered into a strategic alliance to offer new and expanded services to North Carolina.  In August 2008, Carolinas HealthCare and Stanly Regional proposed to build a 40-bed rehabilitation hospital in Concord, NC.  [...]

The following legislative update was published by Jason Greis at www.greisguidetoltachs.com. Jason can be reached at: Jason Greis, Esq. McGuireWoods LLP jgreis@mcguirewoods.com 312-849-8217 You can sign up for his newsletter at: http://greisguide.com/. The Greis Guide to LTACHs weblog is devoted to providing timely business and legal information about Long Term Acute Care Hospitals (LTACHs). It [...]

           McGuireWoods Consulting and The Insider North Carolina State Government News Service Partner to Provide Critical Legislative Information RALEIGH, NC – January 26, 2008 – Today marks the launch of a newsletter providing North Carolinians with timely, comprehensive and reliable reporting on health care policy and the future of health care in North Carolina direct [...]

   On January 16, 2009 the American Hospital Association (“AHA”) sent a letter to the U.S. Office of Management and Budget (“OMB”) criticizing the proposed mandatory Disclosure of Financial Relationships Report (“DFRR”), which would require approximately 400 hospitals in the United States to report all financial relationships they have with physicians. CMS has not specified [...]

Pfizer, the world’s largest pharmaceutical company, is in talks to acquire rival Wyeth, the world’s third largest biotech company. The merger could happen as early as next week although the deal could still fall apart.   As the Wall Street Journal reported, Pfizer is expected to pay $60 to $75 billion and will pay two-thirds in [...]

  On December 23, 2008 the North Carolina Department of Health and Human Services (the “Department of Health”) conditionally approved Novant Health Inc.’s plans for a medical center to be located in Clemmons, North Carolina.  On January 20, 2009, Wake Forest University Baptist Medical Center (“Baptist Medical Center”) announced its appeal to the conditional approval [...]

  As of the end of the fiscal year ending in 2008, all public hospitals in North Carolina are required to disclose to the public the total compensation of its top four highest paid employees and five other key employees. This has not been the rule in North Carolina in the past.   In 2007 [...]

  Sending an early blow to the physician-owned hospital industry, the Democratic-controlled House of Representatives authorized legislation this week halting the growth of physician-owned hospitals.  Democrats have called the whole hospital exception to the Stark Act a loophole that needs to be closed. Tacked on to the reauthorization of the State Children’s Health Insurance Program [...]

    On January 14, 2009, UnitedHealth Group, Inc., one of the nation’s largest health insurers, agreed to pay a $50 million settlement in connection with the overcharging of millions of individuals.  The New York attorney general’s office commenced its investigation against Oxford Insurance and its parent company, UnitedHealth Group, focusing on the method in [...]

Recent Developments & Trends in Health Care-Related Litigation Complimentary Webinar Thursday, January 29, 2009 Noon – 12:45 p.m. (CT) Online Registration Please join us for a brief webinar discussing recent developments in health care-related litigation, with a special emphasis on antitrust, government investigations and payor/provider relations. Presenters: Jeffrey C. Clark, Partner Richard T. Greenberg, Partner [...]

This legal update was written by two of our colleagues at McGuireWoods. Please contact them directly with any questions you may have: Elizabeth A. Diller 804.775.4358 ediller@mcguirewoods.com Nathan A. Kottkamp 804.775.1092 nkottkamp@mcguirewoods.com document.getElementById(“post-303-blankimage”).onload();