Healthcare & Life Sciences Insights
Discover Latham’s latest insights into the commercial, regulatory, and legal developments shaping the global healthcare and life sciences landscape.
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Our Work
Latham Advises Ontario Teachers’ on Sale of Majority Stake in Sahyadri Hospitals Group
Latham Advises on the Refinancing of Biofarma’s Capital Structure
Recognition
Latham Ranks #1 M&A and Private Equity Law Firm Globally in H1 2025 League Tables
Firm’s M&A and Private Equity Practice earned top rankings across global, regional, and industry league tables, highlighting market leadership on the range of sophisticated transactions.
Litigator of the Week Runners-Up and Shout-Outs — Recor Medical
An intellectual property team secured the dismissal of counterclaims in a patent litigation case for their client Recor against market rival Medtronic
Latham Recognized With Six LMG Life Sciences EMEA Awards 2025
The firm and three lawyers were honored with major awards, including Deal of the Year and Lawyer of the Year.
The Book of Jargon® Series
Local Coverage Determination (LCD)
a Coverage determination by a Medicare Administrative Contractor (MAC) regarding whether a particular service or item is reasonable and necessary under Medicare within such MAC’s geographical jurisdiction. MACs publish LCDs to provide guidance to the public and medical community within the MAC’s jurisdictions on the terms and conditions of Coverage for services and items. Contractors develop LCDs by considering medical literature, the advice of local medical societies and medical consultants, public comments, and comments from the provider community.
Management Services Organization (MSO)
a for-profit or non-profit corporation, general or limited partnership, or limited liability company providing a variety of services for or on behalf of one or more medical practices (or other healthcare entities such as a hospital). Generally, the services include a broad range of management, financial and administrative services, often the entire administrative requirements or “back office” of a healthcare Provider. In many cases, the MSO acquires the tangible assets of the medical practices and leases them back to the practice as part of a management services fee. The MSO may also perform services such as marketing (where permitted under state law), contract procurement and administration, and purchase of capital assets. MSOs are often established by hospitals or by hospitals in conjunction with physicians, to assist in the consolidation of medical practices and the business development of the resulting group practice. An MSO created by a hospital and physicians is not an integrated organization, as no merger or consolidation directly occurs between the hospital and medical practice.
Medicaid
a federal health insurance program authorized by Title XIX of the Social Security Act that is jointly funded by the federal and respective state governments, and administered by the state. The program provides health insurance and other services to persons of all ages whose income and resources meet means-tested eligibility criteria determined by each state and approved by CMS. Recipients of Medicaid must be US citizens or permanent residents. The scope of Coverage provided by the various state Medicaid programs must meet certain minimum criteria established in federal law and regulations; however, payment methodologies and other administrative aspects of the Medicaid program are left to the respective state. The ACA significantly expanded both eligibility for and federal funding of Medicaid.
Purple Book
a publication that lists Biological Products (Biologics), including Biosimilar and Interchangeable Biological Products licensed by the FDA. This list includes the date when the Biological Product was licensed by the FDA. It does not include a list of the Patents associated with the approved Biological Products. See Orange Book.
Quality Agreement
an agreement between two parties, often in conjunction with a manufacture, supply or other agreement, which delineates product or project parameters and Specifications and specifies each party's responsibilities thereto.