We represented a community hospital in a dispute with a software vendor arising from a failed patient accounting software conversion and for not fulfilling the vendor’s contractual obligations under its managed services agreement. The parties agreed to a private mediation which resulted in an approximately $26 million settlement agreement.
Representation of Community Hospital in Vendor Dispute Leads to More Than $25 Million Settlement
You Also May Be Interested In:
-
Representation of Parthenon Capital, a growth-oriented private equity firm, as healthcare regulatory counsel in its investment in RxSense, a high-growth healthcare technology company that utilizes its proprietary technology platform to provide innovative prescription savings solutions to consumers and pharmacy benefits administration and analytics to enterprise customers
-
Representation of Brookdale Senior Living Inc. (NYSE: BKD) in its definitive agreement to sell 80 percent of Brookdale Health Care Services, the Brentwood-based company’s home health and outpatient therapy division, to HCA Healthcare (NYSE: HCA), one of the nation’s leading healthcare providers, in an all-cash transaction for $400 million
-
Pharos Capital’s Charter Health Care Group Acquires Physmed Home Health Care and Serene Care Hospice
Representation of Pharos Capital’s post-acute care provider platform, Charter Health Care Group, in its acquisition of sister companies Physmed Home Health Care and Serene Care Hospice. Physmed Home Health specializes in geriatric care, delivering traditional home health nursing and therapy services, as well as social work and dietician services. Serene Care Hospice provides in-home end-of-life care with services including nursing care, spiritual care and bereavement support. Terms of the transaction were not disclosed.