Category — Health Industry

The stimulus package, signed into law on February 17 by President Obama, will have a dramatic impact on businesses and investors, reshaping different sectors of our economy. The Obama administration and Democratic Party-led Congress are poised to implement many additional measures that will influence the investment climate. A panel of Akin Gump lawyers recently participated in a roundtable discussion, addressing the strategies and opportunities these new policy realities present for investors. The discussion covered a wide range of sectors, including—

• transportation and infrastructure
• traditional and alternative energy and the environment
• broadband, FCC and communications
• health care.

The program was co-hosted by Public Strategies, Inc. and moderated by Prakash Mehta.  Akin Gump presenters included Tom Davidson, Susan Lent, Hank Terhune and Jorge Lopez.

Click here to review the presentation materials.

On February 17, 2009, President Obama signed the American Recovery and Reinvestment Act of 2009 (Recovery Act), which includes provisions making major changes to the federal health information privacy and security regime established pursuant to the Health Insurance Portability and Accountability Act of 1996 (HIPAA). This legislation substantially broadens the scope and expands the reach of requirements concerning the privacy and security of health information. These changes will have a major impact on many health sector participants, including individuals and entities currently treated as “Covered Entities” (defined as including certain health care providers, as well as health plans and health care clearinghouses) and the “Business Associates” that perform functions or services on their behalf.

Read the full alert here.