tci Medicare Compliance & Reimbursement - 2005 Issue 37

Enforcement Watch: Bankruptcy Filing Won't Wash Sins Of Fraud

Providers assets could be confiscated, sold to pay fraud fines.Healthcare providers looking to buy a home healthcare business should know the federal government has four up for sale.After HealthEssentials Solutions, Inc. agreed to settle Medicare and Medicaid fraud allegations, the company and its subsidiaries filed for bankruptcy, the Department of Justice announced on Sept. 2. Fraudsters Say 'Bye-Bye' To Businesses To obtain the $1.85 million fine included in the settlement from HES, the federal government plans to sell the company's assets--mainly its four home healthcare subsidiaries: Specialized Home Healthcare Services of Central Florida, Inc.; MAJJ Enterprises...

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