Elizabeth Hernandez submitted claims for genetic tests, DME that weren't needed and telemedicine visits that never occured

MIAMI—A Florida woman was sentenced to 20 years in prison for her role in a scheme to defraud Medicare by submitting more than $192 million in claims for genetic tests and durable medical equipment that patients did not need and telemedicine visits that never occurred. 

The company previously decreased this investment upon a sale of a portion of the venture in November 2021

NASHVILLE, Tennessee—In December 2023, Brookdale Senior Living sold its remaining 20% equity interest in its Health Care Services unconsolidated venture and received aggregate proceeds of approximately $27 million in connection with the transaction. The company previously decreased this investment upon a sale of a portion of the venture in November 2021.

WALTHAM, Massachusetts—Devoted Health, an all-in-one health care company for Medicare beneficiaries, delivering health insurance and virtual-first medical care announced that it has closed on $175 million of Series E funding. The round was led by a lead syndicate composed of The Space Between (TSB), Highbury Holdings, GIC, Stardust Equity, Maverick Ventures and Fearless Ventures.

Tyler Mahncke will now serve as president following the retirement of Greg Packer

WATERLOO, Iowa— U.S. Rehab is excited to announce key leadership updates. Tyler Mahncke will now serve as president following the retirement of Greg Packer, and Ted Metcalf will serve as director of business development, effective Jan. 1, 2024.

The Supportive Living Program is a Medicaid alternative that offers services at a significantly lower cost than a nursing home, offering care at home

SPRINGFIELD, Illinois—The Illinois Department of Healthcare and Family Services (HFS) announced the approval of eleven applications to proceed toward certification in the Supportive Living Program for Dementia Care Settings.