Reported by the Law Office of Jeffrey J. Downey On August 9th, In Dallas, Texas, U.S. District Judge Sam Lindsay sentenced the owner of a Dallas home health care company to 17 years in prison for his involvement in what US authorities have described as one of the largest examples of home health care fraud
The attached article provides some important insights into how the nursing home industry protects their assets by creating complex corporate structures. Various large nursing home chains like HCR ManorCare and others have followed the recommendations outlined in this article written over a decade ago. They have split their holdings and property from their operating entity.
HCP and various corporate offices were named in a shareholder derivate suit filed on April 10, 2017. The lawsuit alleges that HCP concealed adverse information about HCR ManorCare fraud practices that resulted in significant decline in stock value. HCP was effectively ManorCare’s landlord, obtaining lease payments after acquiring most of ManorCare’s real estate assets. “I
January 9, 2017 – Michigan Neurosurgeon, Aria O. Sabit, 43, was sentenced to almost 20 years in prison after pleading guilty to healthcare fraud. Sabit admitted to billing public and private health insurers for $2.8 million worth of unnecessary spinal Fusion Surgeries. He was convicted on counts of healthcare fraud, conspiracy to commit healthcare fraud,
Federal investigators have orchestrated a massive healthcare fraud take down to round out 2016. They have arrested more than 300 people across the United States linked to $900 million in healthcare fraud claims. This is an impressive increase from 2015’s 242 person, $712 Million Dollar bust. Agency Data is incredibly important to conduct these take