Federal Investigation Overview
NewYork-Presbyterian is currently under federal scrutiny as the Department of Justice (DOJ) launches a comprehensive investigation into potential anticompetitive practices within the healthcare giant’s insurance contracting strategies. This high-stakes federal probe represents…
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Online mental healthcare company Cerebral will pay $3.6 million as part of a 30-month non-prosecution agreement for encouraging the unauthorized distribution of controlled substances between 2019 and 2022.
The company agreed earlier this…
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Publicly traded healthcare software vendor Evolent Health is reportedly considering acquisition offers from several private equity firms and insurer Elevance Health.
EVH shares are up 32% in the past year, having risen sharply…
What You Should Know:
– Philips Respironics, a subsidiary of Royal Philips, has finalized a consent decree with the US Department of Justice (DOJ) and Food and Drug Administration (FDA) to address issues raised during…
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The DoJ and international law enforcement partner agencies announce they have effectively taken down the LockBit ransomware group. The gang, which first surfaced in 2019, has targeted 2,000 victims including hospitals and healthcare…
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The U.S. Department of Justice, the U.K. National Crime Agency’s Cyber Division, the Federal Bureau of Investigation and other international law enforcement partners announced Tuesday in London that they have put a sizeable dent…
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The Federal Bureau of Investigation hacked into and seized the Russia-based ALPHV or Blackcat ransomware’s darknet website and infrastructure, according to a Department of Justice announcement Tuesday. WHY IT MATTERS
Alongside FBI Miami, the U.S. Secret…
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Private equity firm Thomas H. Lee Partners sells specialty EHR/PM vendor Nextech to another PE firm, TPG, for $1.4 billion.
THL bought the company for $500 million in June 2019, after which it…
By Sarai Rodriguez
July 18, 2023 – NextGen Healthcare has arrived at a $31 million settlement with the Department of Justice (DOJ) to resolve allegations that it overstated its EHR capabilities to gain government certification, a…
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By Jill McKeon
June 19, 2023 – The United States Department of Justice (DOJ) charged a Russian national for his involvement in LockBit ransomware attacks. As previously reported, LockBit is one of the most prolific ransomware…
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