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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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Care Synergy Forms DME Joint Venture with RCC Medical Equipment

Hospice News

The Colorado-based hospice provider collaborative Care Synergy has formed a joint venture with RCC Medical Equipment Co. Care Synergy emerged in 2021 as a regional collaborative of hospice companies. Care Synergy emerged in 2021 as a regional collaborative of hospice companies.

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

Hospice News

Fichidzhyan committed the fraud through sham hospice companies and a home health company that he owned, according to the U.S. The court found that he conspired with others to bill Medicare for hospice care that was not medically necessary and never provided. Department of Justice.

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FBI Arrests 5 in $15M Hospice Fraud Plot

Hospice News

The FBI has arrested five people in connection with a $15 million hospice fraud and money laundering scheme. The arrests took place in California, a state that has been rife with hospice fraud in recent years, along with Arizona, Texas and Nevada. The post FBI Arrests 5 in $15M Hospice Fraud Plot appeared first on Hospice News.

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Executive Shake-Ups at Interim HealthCare, Amedisys, Traditions Health

Hospice News

According to her LinkedIn profile, she is also an operating partner for the private equity firm The Vistria Group, which has a history of investing in home health and hospice companies. Interim, a portfolio company of Caring Brands International, is a national franchisor of home care, home health, hospice and medical staffing services.

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Former Hospice Leaders Building National PACE Platform BoldAge

Hospice News

A group of former hospice and home health leaders have gone all-in on Programs for All-Inclusive Care of the Elderly (PACE) with the launch of an emerging company. Why is PACE an attractive model for home health and hospice companies? Now I would say that PACE is more where hospice was in the 90s.

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Key Trends That Will Shape the Hospice Industry in 2023

Hospice News

Most hospices are sliding into 2023 between a rock and a hard place, beset by headwinds, labor shortages and questions with no easy answers. Government oversight of hospice providers will tighten during 2023. Hospices have faced ever-intensifying scrutiny from regulators in recent years. Be ready for regulation.

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