$100M For Telehealth: FCC Connected Care Pilot Program Targeting Services for Low-Income Americans and Veterans

If COVID-19 has taught us anything, it’s the need for robust virtual health capabilities. Unfortunately, the most vulnerable patients, low-income Americans and veterans, are often left behind as a result of poor access to facilities where remote care can be delivered. A new $100M FCC pilot program aims to change that.   At some point…

Claiming Your Piece of the Pie

Temple University Health System (TUHS) was just awarded $900,000 for its COVID-19 Telehealth Program and the federal government has $132,000,000 still left to give away. The CARES Act authorized the Federal Communications Commission’s Wireline Competition Bureau to provide $200M in funding to urban and rural areas of the country to provide telehealth services during the…

Top 10 Healthcare M&A Deals of 2019

Consolidation. If interoperability was the buzzword for 2018, the continued consolidation of provider organizations took top billing in 2019. Hats off to law firm Baker McKenzie which predicted a rebound in merger and acquisition activity after West Virginia University Health System (“WVUHS”) announced agreements with the Summersville Regional Medical Center and acquisition of Jackson General…

Healthcare M&A Is Not for the Faint of Heart: A Pri-Med Podcast

Last month both akiro experts, Brad Mondschein and Dave Audibert, joined Pri-Med to make sense of the realities of healthcare M&A. They came to the conclusion that 90% of physician practice merger and acquisition transactions fail to reach their financial goals (for either side). The reasons vary: Unrealistic expectations of practice value by the physician…

Establishing Fair Market Value: Not So Fast

When considering reasonableness of a proposed compensation arrangement, it’s best to take it slow. So says Attorney Joan Feldman of Shipman & Goodwin LLP in this article which was first printed in the Journal of Healthcare Compliance. Read her take on determining Fair Market Value…    

Blonde Woman Reluctant to Ask Question

CMS Proposes Changes to Increase Advisory Opinions

Don’t you love it when you seek someone’s opinion but they go out of their way to make it inconvenient for you to ask for it? Such has been the case with the Centers for Medicare and Medicaid Services (CMS) and its Advisory Opinion process. CMS Advisory Opinions are issued by CMS when hospitals request…

Great Ideas Are Often in the Eye of the Beholder

Healthcare providers need to take off their rose-colored glasses when considering a merger or acquisition. When Sanford Health proposed the acquisition of Mid-Dakota Clinic in North Dakota, it sounded like a good idea.  Sanford Health is the largest health care provider in the Dakotas.  Gosh, they’re even the largest employer in the Dakotas!  Mid-Dakota Clinic…