HCA Healthcare Could Face Federal Probe Over Allegations Of Fraud

Rep. Bill Pascrell, chairman of the House Ways and Means Committee’s subcommittee on oversight, has asked the Department of Health and Human Services to investigate HCA, the largest for-profit health care chain in the U.S.

Federal lawmaker calls for investigation into HCA

A House lawmaker with oversight authority is requesting an investigation into Nashville, Tenn.-based HCA Healthcare regarding alleged fraud and staffing issues at its facilities. Rep. Bill Pascrell, D-N.J., the chair of the House Ways and Means Committee’s subcommittee on oversight, has asked HHS Secretary Xavier Becerra to investigate whether HCA, a 182-hospital system, is improperly admitting patients to hospitals when patients do not require inpatient care.

Congress asking for federal probe into HCA hospital chain

A House oversight committee is asking for a federal investigation of the largest U.S. hospital chain and its admissions practices amid allegations of widespread fraud. Driving the news: Rep. Bill Pascrell (D-N.J.), chair of the House Ways and Means oversight subcommittee, this week asked the HHS to look into HCA Healthcare’s emergency department admissions.

Healthcare Services Investment News: HCA Hit with SEC Complaint, Antitrust Suit in NC

On July 27, the city of Asheville, N.C., and Buncombe County filed a lawsuit against HCA and Mission Health, which is owned by HCA. The lawsuit alleges the health systems have engaged in anti-competitive practices. It is the third lawsuit of its kind filed against HCA and Mission in less than a year by entities in Western North Carolina, Becker’s reports.

Fierce Healthcare: SEC complaint filed against HCA Healthcare over emergency department admissions practices, investor disclosures

An investment group managing the pension funds of major labor union workers has filed a Securities and Exchange Commission (SEC) complaint against HCA Healthcare alleging the hospital chain is misleading investors with high emergency department admissions that could trigger enforcement action by Medicare regulators.

Beckers Hospital Review: HCA hit with SEC complaint, antitrust suit

On July 27, the city of Asheville, N.C., and Buncombe County filed a lawsuit against HCA and Mission Health, which is owned by HCA. The lawsuit alleges the health systems have engaged in anti-competitive practices. It is the third lawsuit of its kind filed against HCA and Mission in less than a year by entities in Western North Carolina, according to the Citizen Times.

Politico: Monkeypox public health emergency in the cards

SOC Investment Group, an activist investor group, will file a complaint with the SEC against major for-profit hospital chain HCA Healthcare, alleging that it didn’t meet duties to shareholders by holding back information about risks tied to “aggressive” emergency admissions practices.

HealthLeaders Media: UNION-BACKED INVESTORS FILE SEC COMPLAINT AGAINST HCA HEALTHCARE

A union-backed investment group has filed a complaint with federal regulators against HCA Healthcare, claiming that the nation’s largest for-profit hospital chain failed to disclose “elevated risk” to shareholders stemming from allegations of Medicare fraud.

Nashville Post: Health Care Notes: HealthStream outpaces expectations in Q2

HealthStream, a locally based health software company, has released its second quarter results, with net income up 26 percent from the second quarter of 2021.

A chaotic day in Florida’s Capitol

“Employee and union shareholders of HCA Healthcare, the largest operator of hospitals in Florida, rallied at the company’s annual meeting Thursday for improved reporting around its political spending and lobbying. The shareholders said research into political contributions revealed HCA has given more than $7 million to conservative political action committees in Florida…