Blue Heron Capital has closed out its latest fund with $102 million, according to industry reports.
The new fund, Blue Heron Capital Fund III, was oversubscribed.
Blue Heron, based in Richmond, Va., is a private equity firm focused
McGuireWoods LLP Blogs
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Washington Healthcare Update | September 18, 2023
This Week in Washington: House stalls on defense spending bill, but begins negotiations among Republicans on appropriations; Senate was expected to move forward on three appropriations bills, but has now stalled; House to vote on large healthcare package on transparency
CMS Settles Record Number of Stark Self-Disclosures
The Centers for Medicare & Medicaid Services (CMS) recently released data on its 2021 and 2022 settlements of voluntary self-disclosures related to past violations or potential violations of the physician self-referral law (the “Stark Law”). In 2022, CMS settled a
Five Things to Know: Hospital Joint Venture Arrangements in Today’s Landscape
In the past three to four years, health system transaction activity has significantly slowed, due, in large part, to the unavoidable COVID-19 response efforts hospitals faced. Now, in this post-pandemic era, hospitals are reemerging and reengaging as active players in
Healthcare & Life Sciences Private Equity Deal Tracker: Grant Avenue Invests in CREO
Notable Litigation – August 2023
Notable litigation filed during August 2023 includes: (1) SEC v. Rocha; (2) Legum v. Garfinkel, et al.; and (3) SEC v. Conn. Jr.
SEC v. Rocha, No. 1:23-cv-11779-LTS (D. Mass.)
The SEC filed suit against the schemer defendant for losses
Washington Healthcare Update | September 11, 2023
This Week in Washington: House to unveil sweeping health bill
Congress
House
Appropriations Process Remains Top Priority
With the fiscal year set to expire on Sept. 30, time is running out for Congress to pass appropriations bills to fund the
Healthcare & Life Sciences Private Equity Deal Tracker: Thoma Bravo to Acquire NextGen
Thoma Bravo will acquire NextGen Healthcare, according to a news release.
NextGen, founded in 1994 and based in Atlanta, is a provider of healthcare software services.
Thoma Bravo agreed to pay $23.95 for each NextGen share in a
CMS Increases Oversight and Scrutiny of Hospices
In its continued effort to curb fraud and abuse in the hospice industry, on Aug. 22, 2023, the Centers for Medicare & Medicaid Services (CMS) announced it was making unannounced site visits to every Medicare-enrolled hospice nationwide.
The goal of