Private equity firms continue to invest in healthcare as they look to generate quick and substantial profits through acquisitions and sales. But increasingly, these investments appear to come at a cost in lower quality of care and an increase in the bills footed by the American taxpayer.
Private Equity Increase Healthcare Investment
According to a report from PwC, 2022 private...
As private equity firms increasingly pour investment money into home health, nursing homes, mental health centers, and hospices, federal regulators are taking notice. As a result, these profit-driven organizations are increasingly being held responsible for violating statutes like the False Claims Act, as well as SEC regulations.
About 30% to 50% of home health and hospice transactions...
In 2021, the U.S. Department of Justice recuperated $5.6 billion from False Claims Act (FCA) cases. Whistleblowers played an important role in this recovery.
Who Are Whistleblowers?
Private citizens, called “relators,” are allowed to file suit for FCA violations on behalf of the government. These are known as qui tam actions. Anyone can become a whistleblower to report...
Two North Dallas doctors, along with other healthcare employees, were sentenced to federal prison for Medicare fraud in December 2021.
Dr. Mark Gibbs and Dr. Laila Hirjee, medical directors at Novus Health Services, a hospice agency in Frisco, Texas, were found guilty of conspiracy to commit healthcare fraud. The doctors will serve a combined 23 years in prison and were ordered to pay...
Prior to 2009, there were no government protections for whistleblowers who exposed wrongdoing or abuse of power with regard to government contractors and grantees. This changed when President Barack Obama signed the Fraud Enforcement and Recovery Act of 2009, which protects whistleblowers who expose fraud in federal contracting. The new law provided whistleblower protections to those who work...
Last year, whistleblowers led the way to over $1.6 billion in False Claims Act recoveries, continuing a long legacy of ordinary citizens fighting for what’s right since the United States’ first qui tam whistleblower law was passed in 1778. But how do whistleblower laws work, and why do they matter? Fraud on the government takes many forms, but its result is the same—high cost to...
The world’s first whistleblower law was enacted by the Continental Congress on July 30, 1778, after two jailed men alleged the commander-in-chief of the Navy was corrupt. When government contract fraud became widespread during the Civil War, Congress passed the False Claims Act (FCA) on March 2, 1863, to encourage people to come forward with information on corrupt contractors. Congress then...
Exchanging cash for information has been done for a long time. Only on July 30, 1778, however, did the practice become protected by law. The Continental Congress enacted the world’s first whistleblower law on that date in response to the pleas of two men jailed for alleging the commander-in-chief of the Continental Navy was corrupt.
The History of Whistleblower Protection...
Whistleblower to receive maximum award for contributions to the case alleging mental health provider chain billed Medicaid for services provided by unqualified and unsupervised providers
BOSTON – Private equity firm H.I.G. Capital, LLC and its subsidiary, H.I.G. Growth Partners, LLC (“H.I.G.”), together with Peter J. Scanlon and Kevin P. Sheehan, have agreed to pay $25 million...
Our nation’s primary whistleblower law, the False Claims Act allows individuals to file qui tam lawsuits on behalf of the government — and it recovers billions of taxpayer dollars every year. But how much do you really know about the FCA?
7 Fast False Claims Act Facts
Our Whistleblower Law is Over 150 Years Old. The United States’ first qui tam whistleblower law was passed...That’s the first question everyone asks. The truth is it’s impossible to know. But we can tell you this. Waters Kraus & Paul has what it takes to fight against big corporate interests and win. That’s why we’ve taken more mesothelioma trials to verdict than any other firm. And that’s why we’ve recovered more than $1.3 billion for clients like you. Do you think you have a case? Contact us now to speak with an attorney.
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