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Crisis highlights debt structure in health care and its effects

WebThe COVID-19 health-care crisis and the recession are highlighting how debt, a necessary ingredient for a buyout, can negatively affect patient care, affordability and investor …

Actived: 5 days ago

URL: https://www.pionline.com/special-report-private-equity/crisis-highlights-debt-structure-health-care-and-its-effects

Henry Ford Health System to pay $5 million to settle ERISA claims

WebGetty Images. Henry Ford Health System has agreed to pay $5 million to settle claims by current and former employees that their 403 (b) and 401 (a) plans' …

Category:  Health Go Health

U.S. launches inquiry into private equity healthcare deals

WebThe Biden administration is seeking public comments on small acquisitions by private equity companies in the healthcare industry. The Federal Trade Commission, …

Category:  Health Go Health

Wellington Management's Jean Hynes pulls back veil on firm, …

WebA: There are two big trends in the health-care industry. The first one would be what's happening in biology. Ten years after using genetic sequencing at deep levels, …

Category:  Health Go Health

Cedars-Sinai Medical Center could get $800 million after Merck …

WebCedars-Sinai Medical Center of Los Angeles is expected to receive about $800 million in connection with pharma giant Merck's definitive agreement to acquire …

Category:  Medical Go Health

Abrdn U.S. subsidiary to acquire Tekla health-care funds

WebAbrdn's U.S. subsidiary abrdn Inc. agreed to acquire Tekla Capital Management's specialist health-care investment capabilities, including four New York …

Category:  Health Go Health

Everest Healthcare sells remaining minority stake to Fosun

WebManagement of Everest Healthcare Properties, a money manager focused on health-care investments, sold its 20% share in the firm to majority owner Fosun …

Category:  Health Go Health

Barnabas Health settles ERISA complaint for $1.75 million

WebBarnabas Health Inc. will pay $1.75 million to settle a lawsuit alleging ERISA violations in its 401(k) and 403(b) plans.

Category:  Health Go Health

Total HSA assets, HSA assets from investments hit new highs in …

WebHealth savings account assets see record 2023. Health savings account assets achieved a record last year of $123.3 billion, up 18.6% from the previous record …

Category:  Health Go Health

Judge rejects $3.9 million settlement in Mercy Health ERISA case

WebU.S. District Court Judge Iain D. Johnston rejected the proposal Nov. 24, giving the parties until Dec. 10 to file an amended agreement in the class-action case of …

Category:  Health Go Health

Health Savings Accounts that hold investments have higher …

WebThose who invest their health savings account funds in securities other than cash have higher average employee and employer contributions, balances and growth …

Category:  Health Go Health

Yale-New Haven Hospital settles 403(b) lawsuit for $1 million

WebYale-New Haven Hospital Inc. has agreed to pay $1 million to settle a class-action lawsuit involving the administrative fees related to its $1.7 billion hospital 403 (b) …

Category:  Health Go Health

Baystate Health to settle ERISA suit over 403(b) fees

WebThe Baystate Health Inc. Retirement Plan, Springfield, Mass., had assets of $1.08 billion as of Dec. 31, 2021, according to the latest Form 5500. Baystate Health Inc. …

Category:  Health Go Health

Dignity Health to pay $100 million, make mandatory pension

WebDignity Health, San Francisco, will pay $100 million to settle a long-running class-action lawsuit challenging its status as a church plan.The settlement, set for final …

Category:  Health Go Health

Court approves Mercy Health church-plan challenge settlement

WebGetty Images. A U.S. District Court magistrate judge in Cincinnati approved a settlement in the class-action lawsuit challenging the church plan status of Mercy …

Category:  Health Go Health

Commentary: Revolutionizing health and wealth — the untapped …

WebWe believe that a portfolio approach is an effective strategy. This involves aggregating exposure by investing through several highly skilled, aligned, and …

Category:  Health Go Health

Mercy Health’s church plan status upheld for pension fund

WebThe 8th U.S. Circuit Court of Appeals in St. Louis has upheld the church plan status of Mercy Health's defined benefit plan, while leaving open the possibility that …

Category:  Health Go Health

Most employers set $1,000 threshold for investing HSA funds – …

WebA detailed look HSA investment policies showed 44.4% of employers required participants to have a balance of more than $1,000 before they could invest; …

Category:  Health Go Health

CVS injects smidcap core equity fund into 401(k) lineup

WebCVS Health Corp., Woonsocket, R.I., added a customized white-label active domestic smidcap core equity fund to the investment options lineup of its 401(k) plan. …

Category:  Health Go Health

CHS, Principal sued by 401(k) participants

WebCHS/ Community Health Systems Inc., Franklin, Tenn., and record keeper Principal Financial Group are the targets of a class-action lawsuit filed by a group of …

Category:  Health Go Health