McDonald Hopkins welcomes John C. Karras to Business Department in Chicago

June 23, 2021

News

CHICAGO — John C. Karras has joined McDonald Hopkins LLC as an associate in the Business Department of the firm’s Chicago office.

Prior to joining McDonald Hopkins, Karras served as legal counsel and compliance manager for a specialty pharmaceutical company, where he assisted with drafting and submission of Sunshine Act reporting requirements with CMS, preparing Anti-Kickback policy and procedures, WAC price increase reporting, and general state reporting requirements. While there, he was involved in the launch of the first FDA approved adjunctive treatment for adverse reactions to COVID-19 vaccines, working on contract drafting and negotiation related to purchase orders and distribution, and assisting with compliance with state filings and fulfillment of state-mandated notice requirements.

Karras has experience drafting, negotiating, and executing commercial and transactional agreements, performing acquisition due diligence and integration, managing data privacy compliance, and navigating the complex regulatory landscape that governs the healthcare industry.

Karras earned his JD from Loyola University Chicago School of Law, where he focused on corporate and transaction law and participated in the university’s federal tax clinic. He earned a BA in English, with honors, from Emory University.

Skilled nursing facilities will soon be required to significantly expand their reporting of ownership and control information on newly updated CMS-855A forms. Private equity companies and other organizations like real estate investment trusts have been named as one of the reasons that the expanded reporting for SNFs has been implemented. As such, these organizations should be aware that they may be a part of this reporting through a number of routes.

Over the past 24 months, the U.S. Department of Health and Human Services Office for Civil Rights has brought notable enforcement efforts against several non-profit covered entities and business associates, resulting in instances of six and seven-figure penalties against providers across the county for incidents involving breaches of protected health information.

A new amendment to New York state law, which would have required all healthcare providers to obtain separate consents from patients for treatment and payment is on hold until further guidance is released, according to the New York Department of Health.

McDonald Hopkins welcomes John C. Karras to Business Department in Chicago

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