We successfully represented a private equity backed portfolio provider and its management company in a voluntary disclosure to the Department of Health and Human Services Office of Inspector General (HHS-OIG) involving improper billing. Our team conducted an internal investigation into possible compliance issues, drafted the disclosure to HHS-OIG, and negotiated the final settlement between the parties resulting in a favorable resolution.
Successful Settlement with HHS-OIG on Behalf of a Private Equity Backed Portfolio Provider
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Representing Tivity Health Inc. (Nasdaq: TVTY), a leading provider of healthy life-changing solutions, in their agreement to be acquired by funds managed by Stone Point Capital, with over $40 billion of assets under management; under the terms of the agreement, Tivity Health stockholders will receive $32.50 in cash per share, representing a total transaction value of $2.0 billion
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