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Medicare and Medicaid
Detroit Area Hospitals Sue To Recover Medicaid Funds
December 28th, 2008
In a lawsuit arising out of the demise of the Detroit-based OmniCare, a once large health maintenance organization servicing primarily Medicaid recipients, several major Detroit area hospitals filed an emergency motion this morning in Wayne County Circuit Court against United American Healthcare Corporation, the former manager of the failed HMO. In the emergency motion, the hospitals -- Beaumont Hospital, Henry Ford Hospital, the Detroit Medical Center, St. John Hospital, Trinity Health, and Oakwood Hospital -- requested that Judge Isidore Torres enjoin United American Healthcare from using up to $1 million in company funds to buy back stock from shareholders -- some of...
Source: Pharma Investments, Ventures & Law Weekly (2008-12-28)
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