March 30, 2021
A New York federal judge refused to throw out a trade secrets suit against WebMD Health Corp., ruling that an Argentinian online health care services provider can indeed bring civil Defend Trade Secrets Act claims against WebMD in the U.S. because some of the purported conduct occurred in the U.S. March 30, 2021
A Pennsylvania federal judge on Tuesday granted the Occupational Safety and Health Administration s bid to ax a suit filed by meat processing plant workers who claimed that the agency failed to enforce COVID-19 protocols at their workplace despite receiving official complaints. March 30, 2021
Trans-High Corp., which owns various cannabis businesses including High Times Magazine, filed a legal malpractice suit in New York state court accusing a law firm and one of the firm s partners of failing to properly advise the company on how best to terminate its former CEO.
A recent study from The Journal of the American Medical Association predicted healthcare spending in the United States will increase to about $3.3 trillion by 2015. Around $1 trillion of that will be for rising hospital expenses. Shareholders of Health Management Associates (NYSE: HMA), HCA. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to:
5 Things Texas: 2021 Economic outlook, Vaccine rollout, Access to care DJ Wilson | Feb 1, 2021
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When we build our agendas for our annual conferences, we wait until as late as possible to get started. Then, we ask our Convening Panel, sponsors and readers this question: What are you spending your mental energy on? We then ask our network to tell us who has the best story to tell about the topics we heard about. This makes our agenda as practical and as actionable as possible.
So, with our 2021 Texas State of Reform Virtual Health Policy Conference coming up later this week, it’s no surprise that the topics we’re watching this month in Texas health care are also topics teed up on our agenda on Thursday, as you’ll see below.
CHS $1.8 billion bond offering another notch in slow turnaround
Modern Healthcare Illustration / Getty Images
Community Health Systems $1.8 billion high-yield bond offering its second drive-by transaction in as many months signals a gradual rebound for the hospital chain.
Franklin, Tenn.-based CHS both launched and priced the offering in a single day, a move known as a drive-by on the junk bond market, just as it did in December. The junior priority secured notes due 2029 garnered a CC rating from Fitch Ratings.
The low rating indicates a very high credit risk, but the transaction aligns with Fitch s prediction in November that CHS is on the upswing from its purchase of Health Management Associates in 2014.