Hill-Rom Accused of Wrongfully Pulling Plug on Bardy Deal
Hill-Rom Accused of Wrongfully Pulling Plug on Bardy Deal Mar 01 2021, 9:28 PM March 01 2021, 9:02 PM March 01 2021, 9:28 PM (Bloomberg) -- Hospital-bed maker Hill-Rom Holdings Inc. is accused of wrongfully pulling the plug on a $375 million buyout of startup Bardy Diagnostics over changes to government reimbursement rates for its cardiac-monitoring system.Officials of Seattle-based Bardy asked a Delaware judge to force Batesville, Indiana-based Hill-Rom to complete the acquisition, saying the proposed Medicare-payment revisions donât provide a proper lega... (Bloomberg) -- Hospital-bed ...
Source: bloombergquint.com