Healthcare News
Situation: Client separating from larger health care system Three hospital health care system disaffiliating Client was smallest of three entities, disproportionately reliant on parent organization Constituent organizations built and maintained joint data center and technology platform, which needed to be divided to enable disaffiliation Parent organization insisted upon payment of outstanding inter-company indebtedness All negotiations […]
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Posted in Contracts, Corporate Counsel, Crisis Response, Governance, Healthcare, Information Technology, Operations
Situation: Hospital facing unanticipated $15 million exposure 10-year-old GL claim being defended by hospital’s former GL carrier Transition in hospital’s risk management department resulted in loss of institutional memory and records regarding claim Client unaware that hospital excess carrier disclaimed coverage Client unaware that insurance counsel lost trial as to liability Insurance counsel contacted hospital […]
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Posted in Corporate Counsel, Crisis Response, Governance, Healthcare, Not-For-Profit
Situation: Financially unstable hospital needed to finance acquisition of new diagnostic equipment Limited ability to raise capital through usual means (e.g. bonds) Received multiple New York City Council capital allocations, which remained unfunded Legal issues: Inefficient City processes delayed urgently-needed capital funding for years Regulators required client to own and possess equipment prior to drawing […]
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Posted in Contracts, Corporate Counsel, Healthcare, Not-For-Profit, Operations
Situation: Client developing new business technologies in healthcare Technology application was new Regulatory guidance was unclear Previous counsel advised client to abandon business plan Legal Issues: Client’s proposed business model involved providers sending text messages to patients Federal and state regulations — including HIPAA — affected viability of client’s business model Legal structures needed to […]
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Posted in Corporate Compliance, Corporate Counsel, Healthcare, Information Technology, Operations, Regulatory Affairs
Situation: Physician needed to negotiate exit agreement Physician had been a leader of clinical department for 16 years Health system was closing facility as part of restructuring Legal Issues: Hospital administration initially advised client that an alternate position would be available After a significant delay, administration informed client that no such position existed Proposed severance […]
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Posted in Contracts, Corporate Counsel, Healthcare, Operations