REITs capitalize on aging population with surge of investments in healthcare properties … Phillip Esformes’ fraud case has lessons for assisted living, skilled nursing … Advocates call on state legislature...
Business briefs, March 13
By
Kathleen Steele Gaivin
Mar 13, 2024
Fillmore Capital Partners gets nursing home fraud suit dismissed … Fortune questions nursing home ownership, quality ties … HHS FY25 budget has $150B for Medicaid HCBS, cybersecurity … CMS delivers...
Business briefs, March 6
By
Kathleen Steele Gaivin
Mar 06, 2024
Senior living residents live longer, access more health services … NY nursing home to pay up to $8.6M, make major reforms to resolve criminal fraud charges … Too many skilled nursing websites show...
Updated: Philip Esformes reaches plea deal with federal prosecutors on remaining charges in landmark...
By
Lois A. Bowers
Feb 02, 2024
Philip Esformes, the assisted living community and nursing home owner charged in 2016 in a $1.3 billion healthcare fraud case that the federal government at the time called “the largest healthcare fraud...
Man indicted in $27M ransomware fraud case affecting Maryland senior living provider
By
Kimberly Bonvissuto
Feb 02, 2021
The Department of Justice last week announced a coordinated international law enforcement action against hackers who defrauded a Maryland senior living provider, among other victims, of more than $27 million.
Improper federal payments near $100 billion mark, auditors find
By
John O'Connor
Jun 09, 2017
Erroneous government payments to senior living operators and other health-related organizations are approaching $100 billion a year, a new federal report alleges.
GAO says resolved HHS, other recommendations could save government as much as $208 billion
By
Kathleen Steele Gaivin
Jul 16, 2024
Of 3,112 recommendations related to the US Department of Health and Human Services made by the Government Accountability Office from fiscal year 2001 to March 2024, 437 remain open, the GAO said in a report...
Long-term care providers among 193 criminally charged, $2.75 billion in fraud recoveries so far in 2024
By
Kathleen Steele Gaivin
Jul 01, 2024
The Justice Department has recovered more than $2.75 billion in false claims against healthcare providers and charged 193 defendants so far this year in criminal cases through its 2024 National Health...
Care provider to pay $14.9M over false claims involving assisted living communities
By
Kimberly Bonvissuto
Jun 10, 2024
A chronic disease management provider will have to shell out $14.9 million over allegations related to false claims involving assisted living communities, memory care communities and group homes.
Arizona AL community turns over control to third party amid abuse, fraud allegations
By
Kimberly Bonvissuto
Apr 26, 2024
An Arizona assisted living owner has turned over control of its community to a third-party receiver following allegations of elder abuse and consumer fraud.