WASHINGTON—The Halifax Group (Halifax), a middle market private equity firm that partners with management to invest in market-leading companies, announced that it has agreed to acquire the Worldwide Home Care division of Sodexo, (company), including its home care subsidiaries in the U.S., U.K., Ireland, France, Denmark, Norway, Sweden and Brazil.
The U.S. alleged Cigna reported diagnosis codes that were based solely on forms completed by vendors retained and paid by Cigna to conduct in-home assessments of plan members
The Cigna Group, headquartered in Connecticut, has agreed to pay $172,294,350 to resolve allegations that it violated the False Claims Act by submitting and failing to withdraw inaccurate and untruthful diagnosis codes for its Medicare Advantage Plan enrollees in order to increase its payments from Medicare.
The announcement comes on the heels of Elara's recent acquisition of Assisted Daily Living in Rhode Island
DALLAS—Elara Caring, a full-scale, multi-state home health provider of clinical and personalized services, has acquired American Family Home Health, a 35-person, privately owned skilled home health care provider in Huntley, Illinois, within Winnebago County.
This acquisition marks an expansion of Sunrise Medical's custom seating offerings, clinical expertise and service capabilities
MALSCH, Germany—Sunrise Medical, a provider of advanced assistive mobility solutions, announced its strategic acquisition of Ride Designs, a provider of custom seating systems for wheelchair riders. This acquisition marks an expansion of Sunrise Medical's custom seating offerings, clinical expertise and service capabilities.
Legree will take over primary management for several of the Association’s councils
The American Association for Homecare (AAHomecare) added another home medical equipment (HME) industry veteran to the team. Stephanie Legree was named to a newly created project manager position. Legree has more than 20 years of experience at Binson’s Home Health Care in progressively responsible positions, including her most recent role as co-director of the business office and vice president of government affairs.
Local dignitaries, customers and Medline employees gathered to celebrate Medline’s new Salt Lake City distribution center
NORTHFIELD, Illinois—Medline celebrated its now fully operational 710,000-square-foot distribution center in Salt Lake City, Utah. To commemorate the milestone, local dignitaries, Cairo Wasfy, chief resource officer of Ardent Health Services, representatives from Medline and other major hospitals and health care providers in the region participated in an event, including a celebratory ribbon-cutting ceremony and facility tours.
The GPO program makes some services, products available at discounted rates
ATLANTA—Integra Partners announced the addition of Trella
Yogesh Pancholi was convicted for wire fraud conspiracy and engaging in money laundering
MICHIGAN—A federal jury in the Eastern District of Michigan convicted Yogesh Pancholi for orchestrating a $2.8 million health care fraud and wire fraud conspiracy and engaging in money laundering, aggravated identity theft and witness tampering.
David Santana pleaded guilty to one count of conspiracy to commit health care fraud
BOSTON—The owner of Conclave Media (Conclave) and Nationwide Health Advocates (Nationwide) pleaded guilty in connection with a $44 million telemedicine fraud scheme involving medically unnecessary durable medical equipment (DME), including orthotics such as back and knee braces and genetic tests.
Additionally, LSM has acquired Leading Edge Innovations, LLC from the same owner
FREEHOLD, New Jersey—Avalon GloboCare Corp.