The seller of a home health agency failed to disclose an ongoing Medicaid Fraud investigation at the time of sale. The HHA employed non-licensed home health aides and overbilled for services. We were engaged by the purchaser’s attorney to investigate and quantify the financial exposure of the Medicaid fraud, as well as assess the resulting loss in business value of the HHA due to the Medicaid liability and market share impacts.
Based in Saratoga Springs, NY and serving Albany, Boston, NYC and beyond, Ferraro Amodio & Zarecki CPAs (FAZ Forensics) is an experienced team of leading forensic CPAs and Certified Fraud Examiners (CFEs) who truly understand individual clients’ needs. We leverage deep forensics experience and a genuine, people-focused approach to provide best-in-class forensic accounting, fraud prevention, and investigation services.