Quote:
Originally Posted by drducat
The government’s concerns arise amid its pursuit of a resolution for the $361 million in Medicare overpayments, identified after The Villages Health filed for Chapter 11 on July 3, 2025.
The overbilling involved diagnoses that were not clinically supported or did not meet Medicare guidelines, leading to significant financial liability.
The government’s objections aim to ensure that the sale does not limit its ability to recover these funds or hold responsible parties accountable.
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Partially correct.
The "overpayments" were identified many months BEFORE the bankruptcy filing---last year, in fact. The "payback (with interest and penalties)" is probably the main reason for the bankruptcy filing.