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Skylight Health Group Inc V.SLHG.H

Alternate Symbol(s):  SLHGF

Skylight Health Group Inc. is a Canada-based healthcare services and technology company. The Company operates a Florida-based primary care health network comprised of physical practices providing a range of services from primary care, sub-specialty, allied health and laboratory/diagnostic testing. The Company is focused on helping small and independent practices shift from a traditional fee-for-service (FFS) model to value-based care (VBC) through tools, including proprietary technology, data analytics and infrastructure. The Company has two segments related to its medical services and software and corporate businesses, which also align with the two countries in which it operates, namely, United States and Canada. It provides a range of healthcare services, including primary and urgent care, sub-specialists, allied health and wellness, and laboratory/diagnostic testing.


TSXV:SLHG.H - Post by User

Post by cool888on Mar 20, 2021 10:56am
255 Views
Post# 32844800

Interesting Read - Healthcare Fraud in U.S. !

Interesting Read - Healthcare Fraud in U.S. !

U.S. sentences 14 to combined 74 years in prison for healthcare fraud


NEW YORK, March 19 (Reuters) - U.S. authorities on Friday sentenced 14 defendants to a total of more than 74 years in prison for steering patients to a defunct hospital in Texas in a $200 million kickback scheme.

Defendants in the case disguised kickbacks as "consulting fees" calculated as a percentage of surgeries each doctor referred to the defunct hospital, the Forest Park Medical Center, the Department of Justice said in a statement.

The defendants have also been ordered to pay $82.9 million in restitution.

 

Tens of billions of dollars are estimated to be lost in the United States through healthcare fraud each year. The National Health Care Anti-Fraud Association estimated that as much as $300 billion, or 10% of total annual health outlay in the United States, is stolen through fraudulent activity each year, compounding the challenges of high healthcare costs.

(Reporting by Koh Gui Qing; Editing by William Mallard)

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