The Senior Healthcare Innovation Consortium (SHIC) has informed both the Attorney General and the Federal Trade Commission about a new member joining their group. QHSLab, Inc., based in West Palm Beach, Florida, is the new addition. This notification is part of SHIC's efforts to continue benefiting from a law that limits the financial recovery of antitrust plaintiffs. While the membership in SHIC remains open, they will keep updating the authorities about any changes, as they have done since their initial filing in November 2022.
Simple Explanation
The Senior Healthcare Innovation Consortium is like a club for companies working on new healthcare ideas for older people. A new company, QHSLab, Inc., has joined their club, and they told the government because they need to follow special rules to help prevent any unfairness.