Tag: #medicare

HealthSplash founder convicted in Medicare-fraud scheme tied to more than $450 million in federal payments

Federal jury convicts HealthSplash founder Brett Blackman in telemedicine-linked Medicare-fraud scheme tied to over $1 billion in billings and $450M in payments.

#medicare, #healthcarefraud, #telemedicine, #durablemedicalequipment

White House Orders Sequestration for Fiscal 2027, Triggering Automatic Cuts to Mandatory Spending

President orders sequestration of non‑exempt mandatory spending for fiscal 2027; automatic cuts take effect Oct. 1, 2026 while OMB finalizes allocations.

#sequestration, #federalbudget, #medicare, #omb

Charlotte’s Web to Swap Debt for Equity as British American Tobacco Becomes Top Shareholder

CBD pioneer Charlotte’s Web will erase long-term debt by converting BAT’s debenture to equity and raising $10M—diluting shareholders as BAT nears 41%.

#cbd, #hemp, #britishamericantobacco, #recapitalization, #medicare

CMS to Enforce New Hospital Price Transparency Data—Including What Insurers Actually Pay—Starting April 1

CMS begins April 1 enforcement of new hospital price rules requiring allowed-amount percentiles and executive attestations, with fines up to millions.

#healthcare, #cms, #hospitalpricing, #transparency, #medicare