Sunday, December 2, 2007

Millions of dollars in Medicaid funding, now they file for BANKRUPTCY......

Another one bites the dust.......or did they ? Where is that money?

Federal Agents Search Middletown Offices of Haven Health Care
HARTFORD, Conn. (AP) _ Federal task force agents have searched the Middletown offices of a troubled nursing home company that has filed for bankruptcy and is facing allegations that it misused millions of dollars in Medicaid funding.
U.S. attorney's office spokesman Tom Carson says members of the multi-agency Health Care Fraud Task Force executed search warrants at Haven Healthcare's headquarters beginning Thursday.
Carson would not comment on what agents were looking for or what they have found. The task force includes agents from the FBI, the inspector general's Health and Human Services Office and the IRS. State authorities are also investigating the company.
Haven Healthcare operates 35 nursing homes in New England, including 15 in Connecticut. The company filed for Chapter 11 bankruptcy in federal court last week, and is facing allegations that it diverted Medicaid funds to business deals unrelated to health care, including the Nashville country music label Category 5 Records.

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