The widespread ban on noncompete contracts finalized last week by the Federal Trade Commission (FTC) will throw a wrench into the staffing and finances of nonprofit hospitals, legal experts and Fitch Ratings analysts say. Those changes are expected despite the agency’s limited jurisdiction over entities that aren’t corporations, experts say. The rule, which forbids new noncompetes and has organizations stop enforcing existing noncompetes for all but senior executives, is slated to take effect 120 days after its April 30 publication in the Federal Register.

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The Cleveland Clinic Foundation has agreed to pay the U.S. $7.6 million to resolve allegations that it violated the False Claims Act, the Justice Department announced May 17. The settlement resolves allegations of undisclosed foreign sources of funding on National Institutes of Health grant applications and reports

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OIG Issues Favorable Advisory Opinion Regarding Patient Assistance Funds

Recently, the Department of Health and Human Services Office of Inspector General (“OIG”) released Advisory Opinion (“Opinion”) 24-02 regarding patient assistance funds provided by a non-profit charitable organization (“Requestor”). This opinion marks the latest in a string of advisory opinions which have approved similar patient assistance programs (“PAPs”). As highlighted in previous advisory opinions, OIG […]

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Intravascular Microaxial Left Ventricular Assist Device Manufacturer Payments to Cardiologists and Use of Devices

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Provider Strategy reports on market developments and insights related to the healthcare provider workforce. Our publication is committed to improving the healthcare professional workforce, utilization of providers, and ultimately supporting thought leadership in workforce innovation.

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