
Photo by Lindsey Robinett
From the office of the DC Attorney General (OAG):
“Attorney General Brian L. Schwalb today announced that the Office of the Attorney General (OAG) will have until at least September 30, 2026, to review the proposed transfer of certain assets, physicians, and other health care personnel from The Medical Faculty Associates, Inc. (MFA), a nonprofit operationally controlled by The George Washington University (GW), to Foggy Bottom Physician Group (FBPG), a nonprofit controlled by for-profit Universal Health Services, Inc. (UHS). In an agreement filed with D.C. Superior Court, the MFA, GW, and UHS agreed to continue sharing information and documents to enable OAG to complete a careful review of the transaction. UHS also agreed to pay the District a fine of $610,000 for delays in the review process.
Under DC’s Healthcare Entity Conversion Act (HECA), a for-profit company cannot acquire control over a District nonprofit healthcare entity without OAG reviewing and approving the proposed transaction. (more…)