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Industry Insights

  • Hospitals Facing False Claims Act Investigations over ICDs for Medicare Patients

    A Modern Healthcare article cites a growing investigation by the US Justice Department into hospitals who charged Medicare for implantable…

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  • Accounting Firm Hit with $50M E&O Verdict, Sues Insurer

    Accountant Baker Tilly Virchow Krause L.L.P. has received a $50M professional liability verdict against the firm. Baker Tilley found a defect…

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  • ProAssurance Announces Merger with Medmarc

    ProAssurance (PRA) has announced an agreement for the acquisition of Medmarc, a mutual company focused on the life science industry.…

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  • Rite Aid pays $20.9M to settle Wage and Hour claims

    Rite Aid paid $20.9M to settle a number of lawsuits relating to unpaid overtime of assistant managers. This is the…

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  • University of Iowa settles birth injury case for $3.75M

    The state of Iowa and a physician group at the University of Iowa will split a $3.75M settlement for a…

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  • New Jersey Medical Centers Pays $9 Fine

    A hospital in New Jersey will pay a $9M fine to resolve allegations of over billing Medicare. Since January 2009,…

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  • Birth injury at Johns Hopkins

    A birth injury at Johns Hopkins has resulted in a $55M verdict for the family. The family had attempted to…

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  • City CPA firm sued

    As the case continues for the Dixon, IL controller who is alleged to have siphoned funds from the city to her own…

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  • SEC rule driving purchase of cyber liability coverage

    The very public loss of 6.5M passwords by LinkedIn has firms of all sizes worried for their own data. Reports…

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  • Private Equity market heating up

    A report from Crains Chicago Business cites local PE firms picking up steam. High investor expectations, increased regulations and a challenging investment…

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