Remove Due Diligence Remove Fraud Remove Information
article thumbnail

Bias Capital Cancels $25M Investment in Parker Health Amid Fraud Concerns

HIT Consultant

– This decision follows alarming findings during the due diligence process, which raised serious concerns about potential fraudulent activities, including misleading financial disclosures and operational irregularities. The company will provide updates on the investigation as new information becomes available.

article thumbnail

Your Healthcare Compliance Due Diligence Checklist

Compliancy Group

A healthcare compliance due diligence checklist is one essential tool that can help organizations in their quest for compliance. What is a Healthcare Compliance Due Diligence Checklist? A healthcare compliance due diligence checklist outlines the steps and processes to ensure organizational compliance.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Settlement Agreed with Florida Children’s Health Insurance Website Contractor to Resolve False Claims Act Allegations

HIPAA Journal

Further, the website did not maintain audit logs showing who had accessed the personal information of applicants. While Jelly Bean Communications Design acted as a business associate under HIPAA, the action was taken over violations of the False Claims Act under the Department of Justice’s 2021 Civil Cyber-Fraud Initiative.

article thumbnail

Is Your Data Supply Chain Ethical? Don’t Restrict Due Diligence to Physical Operations.

C&M Health Law

For any company interacting with large sets and various streams of information, this can represent a significant exposure to risk. bribery, fraud, misuse). Significant due diligence processes were established for third parties to prevent bribery and other ethical violations. Since the first investigation under the U.S.

article thumbnail

Another Resolution by DOJ Pursuant to its Civil Cyber-Fraud Initiative Highlights Continued Efforts to Hold Companies Accountable for Ensuring Data are Secured

Health Care Law Brief

We previously wrote about the United States Department of Justice’s (“ DOJ ”) Civil Cyber-Fraud Initiative (“ CCFI ”), which “aims to hold accountable entities or individuals that put U.S. FHKC shut down its website’s application portal shortly thereafter. Follow us at [link] for updates as DOJ continues its CCFI enforcement efforts.

Fraud 52
article thumbnail

What is a HIPAA Violation?

HIPAA Journal

The Health Insurance Portability and Accountability Act of 1996 (HIPAA) was introduced to simplify the administration of healthcare, eliminate wastage, prevent healthcare fraud, and ensure employees could maintain healthcare coverage between jobs. Unauthorized release of PHI to individuals not authorized to receive the information.

HIPAA 133
article thumbnail

New Safe Harbor and General Compliance Program Guidance Provides Opportunity for Buyers to Mitigate Litigation and Fraud Risk

Health Law RX

By maintaining a robust compliance program, healthcare companies are better able to identify potential red flags early and to prevent violations of fraud and abuse laws. But robust pre-closing due diligence is not always practicable. Conduct a thorough risk assessment of seller’s compliance program.