Monthly Archives: February 2014

OTCQX Drops DTC Requirement, Adopts Sponsor and Disclosure Rules

On February 13, 2014, OTC Markets Group published proposed amendments to the OTCQX Rules for U.S. Companies and OTCQX Rules for International Companies. The OTCQX marketplace is the premier tier of the U.S. over-the-counter markets operated by OTC Markets Group and is a preferred alternative to trading on the U.S. OTCBB.

One of the most significant changes is the closer alignment of the roles of the Designated Advisor for Disclosure (the “DAD”) for U.S. companies and the Principal American Liaison (the “PAL”) for international companies. The OTCQX Rules require that every issuer be sponsored by either a DAD or a PAL, which are approved third-party investment banks or law firms.

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OMHA’s Medicare Appellant Forum Offers Few Meaningful Answers for Frustrated Medicare Providers and Suppliers

On February 12, 2014, the Office of Medicare Hearings and Appeals (“OMHA”) hosted a Medicare Appellant Forum (“Forum”) to address its current backlog of appeals. OMHA is responsible for hearings before Administrative Law Judges (“ALJs“) on a range of Medicare appeals, which is the third level of appeals in the Medicare administrative appeals process. Providers and suppliers of Medicare services and products have voiced frustration with the appeals backlog, particularly because many believe that this is the first level of the appeals process where meaningful relief can be obtained. Unfortunately, the Forum offered few assurances to providers and suppliers of Medicare services and products that any effective remedies to the delays in the appeals process will be implemented in the near term.

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Ohio Statehouse Update: This Week in Ohio — February 28, 2014

Gov. Kasich gives State of the State address in Medina

Governor John Kasich traveled to Northern Ohio on Feb. 24 to deliver his annual State of the State address in Medina, home of House Speaker Bill Batchelder. This is the third year Gov. Kasich has taken the speech on the road, to the chagrin of some legislators who are required to travel long distances to attend the legislative session.

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McDonald Hopkins Government Strategies Advisory: This Week in Washington — February 28, 2014

For the first time since December 2012, President Barack Obama and Speaker of the House John Boehner (R-OH) had a face-to-face meeting this week. The two met for roughly an hour and covered an incredibly long laundry list of items that included: the California drought, the Affordable Care Act, wildfires, manufacturing, the Highway Trust Fund, trade promotion authority, immigration, and Afghanistan. 

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Healthcare Alert: Ohio State Medical Board issues new regulations covering termination of physician-patient relationships

On Dec. 13, 2013 the Ohio State Medical Board (the Board) announced final regulations with respect to the process whereby Ohio physicians can terminate a physician-patient relationship. These regulations also addressed the notice of termination that a physician or a physician group must provide where a physician leaves a practice, sells a practice or retires from the practice of medicine. These regulations amend Board regulations issued in 2006, and follow a statute enacted by the Ohio General Assembly in March 2013 which dealt specifically with the notice that must be delivered to patients where a physician’s employment with a healthcare entity is terminated. The new regulations were effective Dec. 31, 2013.

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Changing The World Is Good For Business

CEOs have been a philanthropic force since before they were called CEOs. As part of his prolific giving, John D. Rockefeller founded medical research centers and schools of public health. Andrew Mellon supported the arts and higher education. Henry Ford, history preservation. In the economic surge that followed WWII, distribution of personal wealth was supplemented with a new focus on corporate giving, as major banks, manufacturers, and other companies established corporate giving programs and foundations. But even in these instances, where the money went was largely driven by the personal interests of the CEO.

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What the Target Data Breach Aftermath Teaches Us About Crisis Communications

Like many people, I shop regularly at Target. It’s one of my favorite stores. So when I first heard news of the data breach they’d experienced, my heart sank. I am a Target Red cardholder, and had used my card to shop there three times during the time period identified.

And then I learned about the full scope of the attack – that it affected shoppers who used ANY credit card at Target during that time, and involved more than just information about their card numbers. I saw many people panic, and agreed that if I had used my debit or another card there, I would have been canceling it immediately. 

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ILN Today Post

Saint Petersburg PPP Development Prospects Will Be Discussed at MIPIM

On 12 March 2014 under the aegis of MIPIM, the world largest real estate and investment exhibition forum, there will be a discussion on the following topic:

PPP is a viable territory development mechanism:  experience and potential of Saint PetersburgMore…


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Addressing ADA Issues In Hotel Management Agreements

By Kara M. Maciel

When acquiring or managing a restaurant or hotel, many owners and operators overlook the significant and costly implications that compliance under the federal Americans with Disabilities Act could have on the hotel’s bottom line in the future. Because of the proliferation in drive-by lawsuits from professional plaintiffs and U.S. Department of Justice investigations across the country, any hospitality company considering a new ownership or management agreement of a lodging or restaurant facility should closely evaluate and consider the state of ADA compliance within the facility to determine how best to protect their asset.

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2014 OIG Work Plan Contains New Priorities Specific to Hospitals

The Department of Health and Human Services, Office of the Inspector General (OIG) recently released its Fiscal Year (FY) 2014 Work Plan.  The Plan contains new priorities specific to Hospitals in areas related to Policies and Practices, Billing and Payments, and Quality of Care and Safety.  For a complete copy of the OIG 2014 Work […]
The post 2014 OIG Work Plan Contains New Priorities Specific to Hospitals appeared first on OMW Health Law.

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