CVS Health, Walmart Settle West Virginia Opioid Lawsuit, Walgreens To
CVS Health Corp CV and Walmart Inc WMT will pay $147.5 million to resolve claims related to West Virginia’s opioid crisis, with CVS paying $82.5 million and Walmart paying approximately $65 million. West Virginia was scheduled to go to court against the two companies on September 26 and Walgreens Boots Alliance Inc WBA. […]
3M Company (MMM) – Veterans file lawsuit to block 3M Healthcare
Two US military veterans have allegedly sued 3M Co mmm to block the proposed spin-off of its healthcare business, calling it an illegal attempt not to compensate veterans for hearing damage caused by the company’s military-grade earplugs. The veterans’ lawsuits allege that the earplugs did not protect their hearing during combat or training. […]
DOJ joins Methodist Le Bonheur Healthcare kickback lawsuit
[ad_1] The federal government has intervened in a whistleblower lawsuit accusing Methodist Le Bonheur Healthcare of paying more than $400 million in referral fees to independent doctors. The Memphis-based Methodist Church purchased nearly all of the outpatient locations at the West Clinic, the region’s largest oncology clinic. The lawsuit said the “joint partnership” was formed […]
Eileen Appelbaum and Rosemary Batt Score Important Win Against Private Equity as Surprise Billing Laws Slam KKR Grifter Envision Healthcare
[ad_1] Activism is every and always a big team effort, but sometimes key individuals make invaluable contributions. This is one of those case. Economists Eileen Appelbaum and Rosemary Batt have been on the trail of private equity for over a decade, with their first high profile exercise being their landmark book, Private Equity at Work. […]
Judge denies Clover Health’s bid to dismiss investors’ lawsuit
[ad_1] Clover Health will have to face investors who say the insuretech misled them ahead going public Two years ago, a federal court ruled Monday. The plaintiffs allege that the insuretech didn’t disclose it was under investigation by the Justice Department and misled them about its operations. Clover Health declined to comment on the litigation. […]
UnitedHealth Group to fight DOJ lawsuit blocking Change Healthcare deal
[ad_1] The US Department of Justice sued to block UnitedHealth Group $13 billion proposed acquisition of health IT company Change Healthcare on Thursday, just three days before the healthcare companies promised to complete the deal. Regulators wrote that UnitedHealth Group’s proposed acquisition of data broker Change Healthcare would give its health insurance arm sensitive information […]
Vidant Health inflates prices, lawsuit alleges
[ad_1] Vidant Health allegedly hid its inflated prices from patients and harassed them when their bills were past due, according to a new lawsuit. George Cansler, a patient of the nine-hospital system based in Greenville, North Carolina, was charged $3,119 for a CT scan in 2018 after his insurance paid $465, which amounted to more […]
Hartford Healthcare hit with second antitrust lawsuit
[ad_1] Six Connecticut residents have filed a proposed class-action lawsuit against Hartford HealthCare, accusing the not-for-profit health system of anticompetitive business practices that have driven up prices. The complaint, filed Monday in Hartford District Superior Court, says Hartford’s prices are “routinely” more than 20% higher than its nearest competitor, and the prices for high-volume procedures […]
Sutter Health argues it doesn’t have market power, can’t violate antitrust laws
[ad_1] Arguments in the Sidibe lawsuit, filed about a decade ago, are very similar to those in UFCW & Employers Benefit Trust. Sutter paid $575 million to settle the latter case ahead of trial in 2019, possibly to prevent its business practices from being scrutinized in court. Both lawsuits accuse the health system of imposing […]
Judge dismisses $50 million lawsuit filed by cardiologists against SSM Health
[ad_1] After a Missouri judge dismissed a lawsuit by a group of cardiologists, SSM Health got out of the predicament. These experts opposed the revocation of their clinical privileges in the St. Louis system. Doctors from St. Louis Heart and Vascular sued SSM Health in March, seeking damages of US$50 million, claiming that being barred […]
The Supreme Court will not restart the antitrust lawsuit against Atrium Health
[ad_1] The Supreme Court on Monday refused to review the lower court’s decision that Atrium Health is not affected by antitrust litigation due to its status as a “local government unit.” The judge refused petition Reinstatement of the proposed class action, allegations Courtyard Take advantage of its dominant market position Stop insurance company Shift from […]
Judge promotes class action lawsuit against UnitedHealth retirement plan
[ad_1] On Thursday, a federal judge dismissed UnitedHealth Group’s motion to dismiss the class action lawsuit, which accused the healthcare giant of failing to effectively supervise the retirement plan management of its 200,000 employees and their families. U.S. District Court Judge John Tunheim of Minnesota ruled that the plaintiff proved that the UnitedHealth Group’s 401(k) […]