FFL Partners has announced it has closed its fifth fund, FFL Capital Partners V, with more than $900 million in total capital commitments.
The fund was oversubscribed, exceeding its initial target of $750 million.
FFL Partners, based in San
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OCR Seeks Input on “Recognized Security Practices” as Mitigating Factor for HIPAA and HITECH Fines
In 2021, the Health Information Technology for Economic and Clinical Health Act (HITECH) was amended to add “recognized cybersecurity practices” as a mitigating factor when determining fines, audits and remedies against covered entities and business associates for violations of the
Washington Healthcare Update | May 31, 2022
This Week in Washington: HHS Withdraws SUNSET Final Rule
Congress
The House and Senate are in recess for Memorial Day.
House
Rep. Underwood Leads 26 Democratic House Members in Letter Calling for Measures to Lower Healthcare Costs to be
Healthcare & Life Sciences Private Equity Deal Tracker: EW Healthcare Partners to Acquire TherapeuticsMD
An affiliate of EW Healthcare Partners will acquire TherapeuticsMD, according to a news release.
TherapeuticsMD, based in Boca Raton, Fla., and traded on the NASDAQ under TXMD, develops and commercializes products exclusively for women. Founded in 1907, the
Twitter Fined $150M for Violating FTC Order on Misrepresenting Privacy and Security Practices
On May 25, the Federal Trade Commission announced that it, along with the Department of Justice, fined Twitter $150 million for violating a 2011 agreement with the FTC in which Twitter promised to protect the integrity of nonpublic consumer information,
Twitter to Pay $150M for Violating 2011 FTC Order Regarding Misrepresentation of its Privacy and Security Practices
On May 25, 2022, the Federal Trade Commission (FTC) announced that it, along with the Department of Justice, fined Twitter $150 million for violating a 2011 agreement the company had with the Commission. Under the 2011 FTC order, Twitter agreed
Healthcare & Life Sciences Private Equity Deal Tracker: Compass Group Sells The Allied Group
Compass Group has announced the sale of The Allied Group.
The Allied Group, based in Cranston, R.I., and founded in 1946, is a fulfillment services provider of document management, kitting and mailing services to healthcare and life science organizations.
Is the Future of the Dollar Digital? The Fed Talks Updating Greenbacks to the Blockchain
On May 26, three days into her term as Vice Chair of the Federal Reserve, Lael Brainard testified about the Federal Reserve’s Examination of the Benefits and Risks of a U.S. Central Bank Digital Currency (CBDC) before the House Committee
Healthcare & Life Sciences Private Equity Deal Tracker: Enhanced Healthcare Invests in Howard J. Chudler & Associates
Healthcare & Life Sciences Private Equity Deal Tracker: Pharos Invests in Sanderling Renal Services
Pharos Capital Group has announced it has made an investment in Sanderling Renal Services.
Sanderling, based in Nashville, is a provider of dialysis and renal telemedicine services. The company, which was founded in 2012, provides in-center and home-based dialysis