Regulatory

CMS Estimates 14.3M Medicare Beneficiaries Are Enrolled in an ACO for 2026

The number of Medicare beneficiaries treated in accountable care organizations continues to rise, according to new data from the Trump administration. The Centers for Medicare & Medicaid Services said that 14.3 million people are enrolled in an ACO as of January 2026, up by 4.4% from 13.7 million in 2025. CMS said that for 2026, […]

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CMS Indefinitely Suspends Submission of SNF Attachment for Medicare Enrollment

Skilled nursing facilities (SNFs) have long been required to report ownership and managerial control information to Medicare. Those disclosure obligations have been substantially broadened with the introduction of the CMS-855A SNF Attachment, which requires disclosure of information from additional disclosable parties (ADPs) who provide certain services to SNFs or exercise specified forms of control over

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Lessons for Life Sciences Dealmakers: Earnout Language Controls, Efforts Agreements Have Teeth, Court Says

The Delaware Supreme Court’s Jan. 12, 2026, decision in Johnson & Johnson v. Fortis Advisors provides important insights for buyers who use earnouts in structuring their acquisitions, a common approach in life sciences M&A. In this case, the court provided guidance on the scope of “commercially reasonable efforts” obligations and certain limitations thereon. Read the

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2026 Starts with a Flurry of State Activity on Private Equity and Healthcare

Lawmakers across states have started 2026 with proposed legislation, commentary, and rule-making that would increase oversight of healthcare transactions. Hawaii, Indiana, New York, Pennsylvania, Rhode Island, Vermont, and Virginia have proposed tightening scrutiny of healthcare transactions, strengthen prohibitions against the corporate practice of medicine and constraining typical Professional Corporation-Managed Service Organization (PC-MSO) structures, expanding transparency,

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Trump Signs $1.2T Spending Package That Funds HHS, Enacts PBM Reforms, Telehealth and Hospital-at-Home Measures

President Donald Trump on Tuesday afternoon signed a massive funding package that ends a brief government shutdown and provides full-year funding for the federal government through the end of the year. The legislation also finalizes several key healthcare extenders including provisions of the Medicare telehealth program and the Acute Hospital Care at Home waiver as

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HHS Unveils Program to Address Homelessness and Addiction, Part of a Set of New Initiatives

Health Secretary Robert F. Kennedy Jr. on Monday announced that his department will devote $100 million toward a pilot program addressing homelessness and substance abuse in eight cities, building on an executive order President Donald Trump signed last week related to addiction. The U.S. Department of Health and Human Services will also make faith-based organizations

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Blanket Ban on Physician Noncompete Agreements Is Off the Table, FTC Says

Physicians described how restrictive noncompete agreements have hurt their careers and their patients during an online workshop hosted by the Federal Trade Commission (FTC). FTC Chair Andrew Ferguson said the agency plans to address anticompetitive noncompete agreements. At the same time, he made clear that the FTC had no interest in pursuing a blanket ban

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PBMs Hit by Trump Transparency Rule

Pharmacy benefit managers are facing more pressure after the Department of Labor issued new requirements for disclosing their financial dealings with drugmakers, pharmacies and others health system players. The proposed rule stems from President Trump’s executive order on lowering drug prices and comes as Congress is targeting the drug supply intermediaries with more transparency rules.

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FTC Requires Sevita to Divest 128 Facilities in Healthcare Merger Deal

The Federal Trade Commission announced it will require Sevita Health to divest more than 100 healthcare facilities to resolve antitrust concerns related to its proposed $835 million acquisition of BrightSpring Health Services’ community living business. Under the FTC’s proposed consent order, Sevita must divest 128 intermediate care facilities that provide services to individuals with intellectual

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CT Officials Approve UConn Acquisition of Prospect-Owned Hospital

The Connecticut Office of Health Strategy has approved a $13 million deal for the state’s flagship medical institution — the University of Connecticut Health Center — to purchase Waterbury Hospital, one of three struggling hospitals owned by bankrupt hospital operator Prospect Medical Holdings. The approval marks yet another step towards concluding a lengthy search to

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