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California Hospice Owner Receives 12-Year Prison Sentence in Fraud Case

Hospice News

Petros Fichidzhyan, 44, of Granada Hills, California, has been sentenced to 12 years in prison and three years of supervised release for his role in a mulit-year scheme to defraud Medicare of more than $17 million. Fichidzhyan committed the fraud through sham hospice companies and a home health company that he owned, according to the U.S.

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Man Pleads Guilty to $17M California Hospice Fraud Scheme

Hospice News

A guilty plea has been filed in a hospice fraud scheme that allegedly bilked Medicare for $17 million in false claims. Fichidzhyan was among the five individuals that the FBI arrested in June 2024 in connection with the hospice fraud and money laundering scheme. Justice Department.

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FBI Arrests 5 in $15M Hospice Fraud Plot

Hospice News

Petros Fichidzhyan, Juan Carlos Esparza and Karpis Srapyan allegedly owned and operated a series of sham hospice companies that they falsely claimed were owned by “foreign nationals,” according to the U.S. Justice Department.

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CMS 2025 Proposed Rule Signals Changes to Quality Measurement, Omits Program Integrity Actions

Hospice News

The 2025 proposed hospice rule is raising some questions along with payment rates. Centers for Medicare & Medicaid Services (CMS) proposed a 2.6% increase in hospice per diems for 2025. We know that hospice care has demonstrated $3.5 Hospice care saves Medicare roughly $3.5

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Attorney Ari Markenson: 36-Month Rule Will Have Cooling Effect on Hospice Deals

Hospice News

New rules for changes in hospice ownership are likely to slow down or kill some mergers and acquisitions, according to Ari Markenson, partner at the law firm Venable LLP. Another recently proposed rule would require anyone who holds 5% ownership or more in a hospice must submit to a criminal background check, including fingerprints.

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Key Trends That Will Shape the Hospice Industry in 2023

Hospice News

A coalition of hospice industry organizations recently urged the U.S. Centers for Medicare & Medicaid Services (CMS) to examine the issue and to consider actions like targeted moratoria on licenses. CMS initially proposed the SFP for 2023, but later decided to convene a Technical Expert Panel to inform the program’s design.

2023 290
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Hospice News’ Top 10 Stories of 2022

Hospice News

Centers for Medicare & Medicaid Services (CMS) developed new approaches for enforcing hospice regulations that will become effective on Jan. Centers for Medicare & Medicaid Services (CMS) developed new approaches for enforcing hospice regulations that will become effective on Jan. Billion (April 21).

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