"We continue to see interest across the health care M&A vertical and buyers need to be ready to move quickly when attractive assets come on the market."
A Delaware Superior Court judge on Wednesday temporarily blocked an effort to move state retirees to a Medicare Advantage health care plan. Judge Calvin Scott ruled that the state shall “take all necessary and proper steps” to ensure that retirees' current health care insurance and benefits “remain in full force and effect.”
Carter Healthcare LLC, an Oklahoma-based for-profit home health provider, its affiliates CHC Holdings and Carter-Florida (collectively Carter Healthcare), and their President Stanley Carter and Chief Operations Officer Bradley Carter have agreed to pay $7.175 million to resolve allegations that they violated the False Claims Act by billing the Medicare program for medically unnecessary therapy provided to patients in Florida.
Damian Williams, the United States Attorney for the Southern District of New York, announced that the United States has filed a civil healthcare fraud lawsuit against CIGNA CORPORATION and its subsidiary Medicare Advantage Organizations (collectively, “CIGNA”).
Sutter Health, a Sacramento-based health care services provider, and its affiliate Sutter Bay Hospitals, the successor to Sutter East Bay Hospitals dba Alta Bates Summit Medical Center (collectively Sutter Health), agreed to pay more than $13 million to settle allegations that it violated the False Claims Act by billing the United States for toxicology screening tests performed by outside labs.
Cook County officials announced ambulance service will return to South Side medical center again after being stopped more than a decade ago because of budgetary reasons.
