Remove real-estate
article thumbnail

Man Pleads Guilty to $17M California Hospice Fraud Scheme

Hospice News

The Justice Department has accused the five individuals of spending the money on real estate, vehicles and other goods and services. As a result of the scheme, Medicare paid the sham hospices nearly $16 million, according to the Justice Department. million in transfers to his personal and business bank accounts.

Hospice 269
article thumbnail

Pennant Sees ‘Record-Breaking’ Hospice, Home Health Growth

Hospice News

Combined with the company’s traditional acquisition approach, its strategic sights are also focused in senior living real estate, Gochnour indicated. Recent senior living real estate transactions include the purchase of two Utah-based communities, Capitol Hill Senior Living and Southgate Senior Living.

Hospice 278
professionals

Sign Up for our Newsletter

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

article thumbnail

Nurse’s Side Gig: Real Estate/Land Flipping

Daily Nurse

Besides working in an ER, Monique Davis, RN, BSN, has a side gig as a real estate investor specializing in land flipping and spec builds. Why did you start flipping real estate/land as a side gig? When I learned about land investing, I hired a coach to teach me how to scale my real estate investing business in 2019.

2019 98
article thumbnail

FBI Arrests 5 in $15M Hospice Fraud Plot

Hospice News

The Justice department has accused the five individuals of spending the money on real estate, vehicles and other goods and services. The two other defendants — Susanna Harutyunyan and Mihran Panosyan — allegedly were involved in laundering the funds the sham hospices fraudulently obtained from Medicare.

Hospice 264
article thumbnail

Compassus, Bon Secours Mercy Health Finalize Hospice, Home Health JV

Hospice News

BSMH is maintaining ownership of associated real estate assets. Through the JV, Compassus will operate 10 home health agencies and 11 hospice locations previously managed by BSMH. These agencies are serving patients in Florida, Illinois, Kentucky, Ohio, South Carolina and Virginia. BSMH and Compassus will each hold a 50% stake.

Hospice 271
article thumbnail

The Elizabeth Hospice Purchases $8.1 Million Building with Long-Term Growth in Mind

Hospice News

CDC Commercial represented The Elizabeth Hospice in the real estate transaction. The seller, an unidentified local investor, was represented by global real estate firm Cushman & Wakefield’s private capital group.

Hospice 246
article thumbnail

The Pennant Group Leverages Partnerships, Deals to Spur Expansion

Hospice News

The Pennant Group agreed to acquire Signature Healthcare at Home’s hospice and home health assets for a price tag of $80 million.

Homecare 264