Lexology November 8, 2024
Hall Render Killian Heath & Lyman PC

  1. PNC’s Q3 2024 Corporate Healthcare Index highlighted several industry trends, including increased M&A activity, improved access to capital and nonprofit hospital credit rating downgrades outpacing upgrades.
  2. Blue Cross Blue Shield recently agreed to a $2.8 billion settlement with health care providers to resolve an antitrust class-action lawsuit alleging that the insurer restricted competition through exclusive service areas and fixed prices paid to providers. The settlement marks one of the largest antitrust resolutions in the health care sector. Providers may participate in the settlement if they have treated BCBS patients between July 2008 and October 2024.
  3. LTC Properties is the latest senior living real estate investment trust (REIT) to embrace the RIDEA model, which allows health care REITs to participate...

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Topics: Mergers & Acquisitions / JV, Post-Acute Care, Provider, Trends
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