Omnibus spending bill

One of the Nation's Largest Native American Populations applies for $50 Million Tribal Connectivity Grant with the U.S. Commerce.

Retrieved on: 
Monday, April 8, 2024

WASHINGTON, April 8, 2024 /PRNewswire-PRWeb/ -- "We intend to build on its existing infrastructure and community partnerships with RIVR Tech and expand fiber and broadband throughout Lumbee River Electric Management Cooperative's territory, which serves over 60,000 members and over 160,000 locations," said Jon T. Locklear, President of Lumbee River Electric Management Cooperative.

Key Points: 
  • Lumbee Tribal Nation, the largest tribal organization east of the Mississippi, teams with Lumbee River Electric Management Corporation and GETWIREDAMERICA® to connect the underserved nation and lands to faster broadband.
  • Per the National Telecommunications Information Administration, …"The Tribal Broadband Connectivity Program (TBCP) is a $3 billion program, from President Biden's Bipartisan Infrastructure Law and the Consolidated Appropriations Act, to support Tribal governments bringing high-speed Internet to Tribal lands, including telehealth, distance learning, affordability, and digital inclusion initiatives".
  • 1
    President Biden signed an Executive Order that "affirms that Tribal self-governance is about the fundamental right of a people to determine their own destiny and to prosper and flourish on their own terms".
  • 2 "There's no better way to self-govern and proposer than to participate in commerce globally from your home", said Peek.

WellRithms Subsidiary, Audxguard, Verifies Gag-Clause Prohibition Compliance for Health Plans

Retrieved on: 
Tuesday, March 12, 2024

“Leveraging the robust infrastructure and data analytics prowess of WellRithms, Audxguard specializes in aiding health plans to navigate the complex landscape of payment terms and regulatory compliance,” says Savannah Quarum, managing director, Audxguard.

Key Points: 
  • “Leveraging the robust infrastructure and data analytics prowess of WellRithms, Audxguard specializes in aiding health plans to navigate the complex landscape of payment terms and regulatory compliance,” says Savannah Quarum, managing director, Audxguard.
  • Audxguard stands at the forefront of facilitating compliance with these regulations offering a suite of services aimed at safeguarding health plans from regulatory pitfalls.
  • “In today's evolving healthcare landscape, transparency and compliance are paramount,” explains Merrit Quarum, M.D., CEO, WellRithms.
  • The Audxguard team is committed to ensuring that every aspect of healthcare management is conducted with integrity and accountability."

Validation Institute Announces Speakers for Benefit Design Strategies Summit for Employers and Brokers

Retrieved on: 
Thursday, March 21, 2024

NEEDHAM, Mass., March 21, 2024 /PRNewswire-PRWeb/ -- Validation Institute announced its speaker line-up for the Benefit Design Strategies Summit for Employers and Brokers (https://www.BenefitDesignStrategies.com) today.

Key Points: 
  • Event takes place May 29-31, in DC, and is co-located with The Healthcare Innovation Congress and the Food as Medicine Strategy Summit
    NEEDHAM, Mass., March 21, 2024 /PRNewswire-PRWeb/ -- Validation Institute announced its speaker line-up for the Benefit Design Strategies Summit for Employers and Brokers ( https://www.BenefitDesignStrategies.com ) today.
  • Now in its third year, the Summit will bring cross-sector healthcare stakeholders together for three days to challenge each other, innovate, network, and share ideas.
  • "The Benefit Design Strategies Summit for Employers and Brokers offers a critical perspective when it comes to today's healthcare and benefits landscape.
  • It will be co-located with The Healthcare Innovation Congress, thINc360 ( https://www.thINc360.com/2024event ), and the Food as Medicine Strategy Summit ( https://www.FoodMedSummit.com ).

EisnerAmper Offers Free Tax Guide

Retrieved on: 
Tuesday, March 12, 2024

NEW YORK, March 12, 2024 /PRNewswire/ -- EisnerAmper, a leading global business advisory firm, is pleased to introduce the 2024 edition of its Personal Tax Guide. With contributions from dozens of EisnerAmper's seasoned tax professionals—across all tax disciplines—this unique e-guide is a wonderful resource to help taxpayers, tax professionals, the media, government officials, and others navigate the increasingly complicated U.S. Tax Code.

Key Points: 
  • You'll also find the latest overviews of key tax legislation impacting you in 2024 and beyond, including the framework of the Tax Relief for American Families and Workers Act, as well as key changes resulting from the SECURE Act 2.0, the SECURE Act, the CARES Act, the Consolidated Appropriations Act, the American Rescue Plan Act, the Inflation Reduction Act, the Tax Cuts and Jobs Act, and more.
  • "The tax code, due to its volume and complexity, can be a challenge for even the most experienced tax professional to navigate," said Tax Guide Editor-in-Chief Lisa Cappiello.
  • "Our goal is to present the information in a straightforward manner by providing tax tips, summaries, examples, schedules, comparative charts, and more.
  • With its coverage of essential topics and practical insights, this guide will become a valuable resource for implementing the strategies discussed within."

NFP Introduces TPNet™, Its Price Transparency Tool for Employers, Payers and Third-Party Providers

Retrieved on: 
Thursday, March 7, 2024

NEW YORK, March 7, 2024 /PRNewswire-PRWeb/ -- NFP, a leading property and casualty broker, benefits consultant, wealth manager and retirement plan advisor, announced today it has developed TPNet™, a proprietary price transparency tool that delivers data-driven, actionable insights to help employers control healthcare costs. TPNet is designed to help employers, payers and third-party providers utilize the complex transparency data set to gain visibility into commercial healthcare pricing information.

Key Points: 
  • TPNet is designed to help employers, payers and third-party providers utilize the complex transparency data set to gain visibility into commercial healthcare pricing information.
  • "Having the capacity to assess negotiated rates by provider, procedural code and carrier is a measure of access employers have never had before TPNet."
  • TPNet's comprehensive tool stack aggregates pricing from providers, facilities and payers.
  • NFP introduced TPCompare , a price transparency tool for healthcare delivery systems, in June 2023.

Mission Roll Call Urges Congressional Support for Critical Fiscal Year 2024 Appropriations Bill

Retrieved on: 
Tuesday, March 5, 2024

WASHINGTON, March 5, 2024 /PRNewswire/ -- Mission Roll Call urges Congress to support the final Fiscal Year (FY) 2024 appropriations bill, emphasizing its crucial investments in veterans' healthcare, military infrastructure, and national security. As the U.S. House of Representatives and U.S. Senate prepare to vote on The Consolidated Appropriations Act, 2024 (H.R.4366) this week, Mission Roll Call calls on all members of Congress to back this essential legislation.

Key Points: 
  • Consolidated Appropriations Bill includes essential funding for active duty military programming and infrastructure, veteran healthcare and support, and other key security initiatives
    WASHINGTON, March 5, 2024 /PRNewswire/ -- Mission Roll Call urges Congress to support the final Fiscal Year (FY) 2024 appropriations bill, emphasizing its crucial investments in veterans' healthcare, military infrastructure, and national security.
  • "Our organization's core mission is to give a voice to our veteran community, and our veterans have spoken loud and clear.
  • Mission Roll Call remains committed to advocating for policies that support our nation's veterans and active military personnel.
  • For more information about Mission Roll Call, including upcoming events, and to sign up to be a part of its community, visit https://missionrollcall.org/ .

Forest Service warns of budget cuts ahead of a risky wildfire season – what that means for safety

Retrieved on: 
Friday, February 16, 2024

A wet winter and spring followed by a hot, dry summer can be a dangerous combination in the Western U.S. The rain fuels bountiful vegetation growth, and when summer heat dries out that vegetation, it can leave grasses and shrubs ready to burn. In years like this, controlled burns and prescribed fire treatments are crucial to help protect communities against wildfires. Well-staffed fire crews ready to respond to blazes are essential, too.Moore told agency employees to expect budget cuts from Congress in 2024.

Key Points: 


A wet winter and spring followed by a hot, dry summer can be a dangerous combination in the Western U.S. The rain fuels bountiful vegetation growth, and when summer heat dries out that vegetation, it can leave grasses and shrubs ready to burn. In years like this, controlled burns and prescribed fire treatments are crucial to help protect communities against wildfires. Well-staffed fire crews ready to respond to blazes are essential, too.

  • Moore told agency employees to expect budget cuts from Congress in 2024.
  • However, taken at face value, budget cuts could be interpreted as a reduction in the firefighting workforce, compounding recruitment and retention challenges that the Forest Service is already facing.
  • We study wildfire policy and fire ecology, and one of us, Camille Stevens-Rumann, has worked as a wildland firefighter.

The fire funding fix

  • The fire funding fix allows federal firefighting agencies to access up to US$2.25 billion in additional disaster funding a year starting in 2020 and increasing to $2.95 billion in 2027.
  • Prior to the fire funding fix, fighting fires – suppression expenditures – consumed nearly 50% of the U.S. Forest Service budget.
  • The fix protects agency budgets, ensuring that a high-cost fire season will not completely consume the budget, and that allows more funding for preventive efforts and all the other programs of the Forest Service.

Prevention is a rising priority

  • The Forest Service has also made fire prevention a higher priority in recent years.
  • That work won’t be completed before the 2024 fire season, but fuel treatments will be underway.


Prescribed burning must be done when conditions are safe to limit the potential for the fire to get out of control, usually in the spring and early summer. However, climate change is expected to shorten the prescribed burning window in the western U.S.

Staffing is still a concern

  • In 2023, over 18,000 people were employed as federal wildland firefighters.
  • The government boosted firefighters’ pay in 2021, but that increase is set to expire unless Congress votes to make it permanent.
  • The agency has started many initiatives to recruit and retain permanent employees, but it is too early to assess the results.

Everyone has a role in fire protection

  • Homeowners can reduce the fire risk to their own properties by following defensible space recommendations.
  • Several states also have programs, such as Colorado’s Forest Restoration and Wildfire Risk Mitigation Grant Program to support community investment in wildfire mitigation.
  • Consistent funding is crucial, and homeowners can help by taking defensive action to reduce wildfire risk on their property.


Camille Stevens-Rumann receives funding from US Forest Service, the Bureau of Land Management, and the US department of Agriculture. She used to work for the US Forest Service and works closely with Federal, State, and non-profit organizations that help manage forests across the western US Jude Bayham receives funding from the United States Forest Service. He is on the Protect Our Winters Science Alliance.

New HSR thresholds and filing fees for 2024

Retrieved on: 
Thursday, February 8, 2024

New HSR thresholds and filing fees for 2024The 2023 Consolidated Appropriations Act created new filing fee tiers with new filing fees and the thresholds for these filing fees, as well as the fee amounts, are also adjusted annually along with the jurisdictional thresholds.

Key Points: 

New HSR thresholds and filing fees for 2024

  • The 2023 Consolidated Appropriations Act created new filing fee tiers with new filing fees and the thresholds for these filing fees, as well as the fee amounts, are also adjusted annually along with the jurisdictional thresholds.
  • The Commission recently announced the updated jurisdictional thresholds and the updated fee schedule, both of which will become effective on March 6, 2024.

Rule 1: The correct threshold for determining reportability is the one in effect at the time of closing.

  • This is often referred to as the “$50 million (as adjusted)” threshold because it started at $50 million and is now adjusted annually.
  • For 2024, that threshold will be $119.5 million.
  • Here are the new jurisdictional thresholds, effective on March 6, 2024: ORIGINAL THRESHOLD ADJUSTED THRESHOLD $10 million $23.9 million $50 million $119.5 million $100 million $239 million $110 million $262.9 million $200 million $478 million $500 million $1.195 billion $1 billion $2.390 billion

Rule 2: The filing fee is determined by the value of the transaction at the time of filing.

  • If you determine that a transaction is reportable, the filing fee should be based on the filing fee threshold that is in effect at the time of filing.
  • Here are the new filing fee thresholds, as well as the adjusted fee amounts, revised in accordance with the 2023 Consolidated Appropriations Act and effective on March 6, 2024: FILING FEE SIZE OF TRANSACTION $30,000 less than $173.3 million $105,000 not less than $173.3 million but less than $536.5 million $260,000 not less than $536.5 million but less than $1.073 billion $415,000 not less than $1.073 billion but less than $2.146 billion $830,000 not less than $2.146 billion but less than $5.365 billion $2,335,000 $5.365 billion or more

Rule 3: Notification thresholds for subsequent purchases adjust yearly, too.

Omeros Corporation Announces Additional Royalty Monetization with DRI Healthcare Trust

Retrieved on: 
Thursday, February 1, 2024

Omeros Corporation (Nasdaq: OMER) today announced the sale to DRI Healthcare Acquisitions LP (“DRI”), a wholly owned subsidiary of DRI Healthcare Trust, of an expanded interest in certain royalty payments based on net sales of OMIDRIA in the United States.

Key Points: 
  • Omeros Corporation (Nasdaq: OMER) today announced the sale to DRI Healthcare Acquisitions LP (“DRI”), a wholly owned subsidiary of DRI Healthcare Trust, of an expanded interest in certain royalty payments based on net sales of OMIDRIA in the United States.
  • Under the terms of that asset purchase agreement, Omeros is entitled to receive royalties on net sales of OMIDRIA.
  • Today Omeros and DRI expanded their royalty purchase agreement, resulting in Omeros receiving from DRI an upfront payment of $115 million and entitling DRI to receive the remainder of Omeros’ royalties on U.S. net sales of OMIDRIA payable between January 1, 2024 and December 31, 2031.
  • “We are pleased to have partnered again with DRI, further monetizing our OMIDRIA royalty stream,” said Gregory A. Demopulos, M.D., chairman and chief executive officer of Omeros.

FTC Announces 2024 Update of Size of Transaction Thresholds for Premerger Notification Filings

Retrieved on: 
Wednesday, January 24, 2024

The Federal Trade Commission has approved revised jurisdictional thresholds and a revised filing fee schedule under the Hart‑Scott‑Rodino (HSR) Antitrust Improvements Act of 1976.

Key Points: 
  • The Federal Trade Commission has approved revised jurisdictional thresholds and a revised filing fee schedule under the Hart‑Scott‑Rodino (HSR) Antitrust Improvements Act of 1976.
  • Section 7A(a)(2) of the Act requires the Commission to revise the jurisdictional thresholds annually, based on the change in gross national product.
  • The vote approving the Federal Register Annual Notice of Revision announcing the new HSR jurisdictional thresholds and filing fee schedule was 3-0.
  • For the latest news and resources, follow the FTC on social media, subscribe to press releases and read our blog.