King of Prussia, Pa.-based Universal Health Services is expecting to see a $35 million pre-tax earnings headwind in 2026 from the implementation of California’s emergency staffing regulations for freestanding psychiatric hospitals. The regulation is slated to take effect June 1.…
Andrew Cass
King of Prussia, Pa.-based Universal Health Services recorded a net income of $1.5 billion in 2025, up from $1.1 billion in 2024, according to its Feb. 25 financial report. Eight things to know: 1. The for-profit system reported an operating…
A Philadelphia-based mental health clinic and its psychiatrist owner agreed to pay $900,000 to settle allegations that they fraudulently billed Medicaid for medication management appointments that were too short to comply with applicable regulations, according to a Jan. 27 Justice…
An Illinois judge has reduced the punitive damages an indirect subsidiary of King of Prussia, Pennsylvania-based Universal Health Services must pay in a negligence case, according to an Oct. 11 regulatory filing.
Brookline, Mass.-based First Psychiatric Planners, operating as Bournewood Health Systems and Bournewood Hospital, agreed to pay at least $5.5 million to resolve allegations it violated the state and federal False Claims Act through patient kickbacks.
Advertisement
The managers of a Matteson, Ill.-based youth counseling center have been sentenced to prison for defrauding the state's Medicaid program of $2.5 million.
A licensed professional counselor was indicted on 10 counts of healthcare fraud and three counts of aggravated identity theft for allegedly submitting $2 million in false claims to Texas' Medicaid program.
Nonprofit mental health organization Brook Lane is affiliating with Meritus Health beginning July 1.
Tanmay Mathur has been named vice president of Nashville, Tenn.-based Vanderbilt Psychiatric Hospital.
The owner of Holy Health Care Services, a Washington, D.C.-based mental health services provider, was sentenced to three years in prison for his role in a Medicaid fraud scheme.