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Securities and Exchange Commission (SEC) news and information

News
HMA subpoenaed by SEC, seeking billing, accounting data
By Beth Kutscher | May 02, 2013 | Basic Web Basic Web Subscription Details
Health Management Associates, Naples, Fla., is facing a subpoena from the Securities and Exchange Commission, potentially related to its billing and accounting practices.
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Information
Hospira wins skirmish with SEC
By Kristen Schorsch, Crain's Chicago Business | January 15, 2013
Hospira successfully fought off a government request for more details about its prolonged efforts to fix safety problems, a win that highlights the scrutiny of CEO F. Michael Ball's efforts to boost production at the giant medical products maker.
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News
Glaxo subsidiary, former CEO charged in stock scheme
By Jaimy Lee | December 12, 2011 | Basic Web Basic Web Subscription Details
The Securities and Exchange Commission charged a GlaxoSmithKline subsidiary and its former chairman and CEO (PDF) with buying back stock at undervalued prices and defrauding employees and other shareholders.
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Magazine
Taking a beating | Healthcare execs see stock holdings, company portfolios nosedive
By Paul Barr and Vince Galloro | October 03, 2011 | Print Magazine Print Magazine Subscription Details
CEOs at publicly traded healthcare providers have a big personal incentive to try to engineer a rebound in their companies' share prices: CEO personal holdings at their respective companies are down more than $180 million in value this year.
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Melanie Evans Of Interest Blog
Uncertainty clouds municipal bond market
October 03, 2011
For tax-exempt hospitals, one primary source of capital is an increasing source of uncertainty.
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Magazine
Late News: Select Medical agrees to settle whistle-blower case
By Modern Healthcare | October 03, 2011 | Print Magazine Print Magazine Subscription Details
Select Medical Holdings Corp., which operates 81 specialty and long-term acute-care hospitals in states across the country, has agreed to settle fraud allegations and enter a corporate integrity agreement. HHS' inspector general's office published the five-year integrity agreement, while records on...
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Melanie Evans Of Interest Blog
Municipal advisers get a schedule of new rules
August 05, 2011
As hospitals wait for a final definition of municipal advisers, the Municipal Securities Rulemaking Board continues to press on with the release of new adviser oversight.
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Magazine
ICD shakeup | Feds seek info on implantable defibrillators
By Joe Carlson | April 25, 2011 | Print Magazine Print Magazine Subscription Details
Though little-noticed in the wider world, the U.S. Justice Department's ongoing investigation into one of the most lucrative medical devices on the market has delivered a strong jolt to heart hospitals and cardiac physicians across the country.
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Magazine
Jackson taps banker | Troubled Miami system picks financier for CEO
By Joe Carlson | April 18, 2011 | Print Magazine Print Magazine Subscription Details
Mired in a long-running financial morass threatening its existence, Jackson Health System last week bypassed two experienced healthcare executives and chose a banker with deep Miami roots to become the next CEO of the 1,765-bed public health system.
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Magazine
Late News: Johnson & Johnson to pay settlement of $70 million
By Modern Healthcare | April 11, 2011 | Print Magazine Print Magazine Subscription Details
Johnson & Johnson agreed to pay more than $70 million to settle allegations that the company bribed doctors in Greece, Poland and Romania and paid kickbacks to Iraq to win contracts. The New Brunswick, N.J.-based healthcare company agreed to pay $48.6 million in disgorgement and prejudgment...
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