These strategies have drawn scrutiny from the media and federal government, leading to significant legal actions. A landmark lawsuit by the Federal Trade Commission targets U.S. Anesthesia Partners Inc., a private equity-backed venture accused of creating a monopoly and extorting insurers.
Burford Capital Healthcare Litigation: Future of Healthcare Litigation
In general, anticompetitive conduct can give rise to significant claims, as evidenced by the 2020 Blue Cross Blue Shield multidistrict litigation settlement of $2.67 billion. Griffin emphasized that companies can achieve higher recoveries by opting out of class actions and pursuing individual claims, an attractive scenario for litigation funding.
Griffin concluded that the American healthcare industry’s current landscape makes future litigation almost inevitable. “All the instances discussed in the article are just the tip of the proverbial iceberg,” Griffin said.
