Outcome Health Scandal

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Outcome Health executives found guilty of corporate fraud scheme

(9 days ago) People also askWhat happened to Outcome Health?CHICAGO (AP) — Jurors found three former leaders of a Chicago-based company guilty of multiple counts of fraud on Tuesday, following a 10-week federal trial that tracked Outcome Health’s rise and dramatic fall after allegations that the officials had lied to customers and investors while taking in about $1 billion.Outcome Health leaders convicted on federal fraud chargesapnews.comWho was convicted of a fraud scheme at Outcome Health?A federal jury convicted three former executives of Outcome Health, a Chicago-based health technology start-up company, for their roles in a fraud scheme that targeted the company’s clients, lenders, and investors and involved approximately $1 billion in fraudulently obtained funds. The individuals convicted by jury verdict today were:Former Executives of Outcome Health Convicted in $1B Corporate Frau…justice.govWill ContextMedia health pay $70 million to victims of fraud?ContextMedia Health LLC, which operates under the trade name Outcome Health (Outcome), a digital provider of medical information and advertising in doctors’ offices, has agreed to a resolution with the Department of Justice by which it will pay $70 million to victims of a fraud scheme that targeted its clients, lenders and investors.Outcome Health Agrees to Pay $70 Million to Resolve Fraud justice.govHow does Outcome Health work?Outcome Health places television screens and tablets inside doctors offices and waiting rooms, and then sells ads on those screens to clients looking to get in front of patients. Ads by pharmaceutical companies, such as Biogen and Pfizer, made up the bulk of the company’s sales.Former Outcome Health Executives Indicted In Billion-Dollar Fraud Sche…forbes.comFeedbackUSA Todayhttps://www.usatoday.com/story/money/2023/04/12/Outcome Health executives found guilty of corporate …A federal jury has convicted three former Outcome Health executives for their role in a $1 billion corporate fraud scheme. The Chicago-based health technology startup installed tablets and digital See more

https://www.usatoday.com/story/money/2023/04/12/outcome-health-executives-convicted-guilty-fraud/11650572002/#:~:text=A%20federal%20jury%20has%20convicted%20three%20former%20Outcome,advertising%20space%20on%20those%20screens%20to%20pharmaceutical%20companies.

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Office of Public Affairs Former Executives of Outcome …

(9 days ago) WEBA federal jury convicted three former executives of Outcome Health, a Chicago-based health technology start-up company, for their roles in a fraud scheme that targeted the company’s clients, lenders, and investors and involved approximately $1 billion in fraudulently obtained funds. The individuals convicted by jury verdict today were:

https://www.justice.gov/opa/pr/former-executives-outcome-health-convicted-1b-corporate-fraud-scheme

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Office of Public Affairs Outcome Health Agrees to Pay …

(5 days ago) WEBContextMedia Health LLC, which operates under the trade name Outcome Health (Outcome), a digital provider of medical information and advertising in doctors’ offices, has agreed to a resolution with the Department of Justice by which it will pay $70 million to victims of a fraud scheme that targeted its clients, lenders and investors.

https://www.justice.gov/opa/pr/outcome-health-agrees-pay-70-million-resolve-fraud-investigation

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Outcome Health leaders convicted on federal fraud charges

(6 days ago) WEBOutcome Health targeted pharmaceutical companies, selling ads that would run on televisions and tablets which the company provided to doctors’ offices and waiting rooms. Prosecutors alleged that the executives lied about how many doctors’ offices the advertising would appear in, allowing them to overcharge advertisers and use inflated

https://apnews.com/article/outcome-health-fraud-trial-e33ede315b7c6b65d3cf4f759267c5ba

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Former Outcome Health execs found guilty on most fraud …

(5 days ago) WEBFormer Outcome Health President Shradha Agarwal, center left, leaves following the guilty verdict in the criminal fraud trial at the Dirksen U.S. Courthouse, on April 11, 2023. Show Caption of

https://www.chicagotribune.com/2023/04/11/former-outcome-health-execs-found-guilty-on-most-fraud-charges/

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Outcome Health co-founders, former executives charged in …

(5 days ago) WEBThe founders of healthcare technology startup Outcome Health were charged with fraud in a 26-count federal indictment unsealed Monday. Four former executives and employees also were charged for

https://www.fiercehealthcare.com/tech/outcome-health-co-founder-former-executives-charged-1b-fraud-scheme

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Former Outcome Health executives convicted of fraud - Fierce …

(7 days ago) WEBA federal jury found three former leaders of health tech startup Outcome Health guilty of multiple counts of fraud on Tuesday. A federal jury convicted Rishi Shah, the co-founder and former CEO of

https://www.fiercehealthcare.com/health-tech/outcome-health-executives-found-guilty-1b-corporate-fraud-case

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Outcome Health, whose former executives await trial in …

(8 days ago) WEBOutcome Health, whose former executives are facing federal criminal charges for an alleged $1 billion fraud scheme, is merging with a Cincinnati-based company and taking on a new name.Terms of

https://www.chicagotribune.com/2021/03/09/outcome-health-whose-former-executives-await-trial-in-1-billion-fraud-case-merges-with-ohio-based-company/

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Outcome Health co-founders found guilty of $1 billion …

(3 days ago) WEBThe Outcome Health fraud and penalties, by the digits $45 million: Overbilled advertising services between 2011 and 2017 $110 million: Debt financing raised in April 2016 using inflated revenue

https://qz.com/outcome-health-fraud-goldman-sachs-novo-nordisk-1850326584

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Former Outcome Health execs found guilty after 10-week …

(3 days ago) WEBThe once celebrated startup was a rare Chicago 'unicorn' tech company but later disgraced in a massive fraud scandal. Three former Outcome Health executives have been found guilty of fraud. Learn

https://www.bizjournals.com/chicago/inno/stories/news/2023/04/11/outcome-health-execs-found-guilty.html

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Former Outcome Health executive settles SEC fraud allegations

(9 days ago) WEBFormer Outcome Health executive Ashik Desai reached a settlement with the U.S. Securities and Exchange Commission (SEC) involving fraud allegations, the Chicago Tribune reported Wednesday. The SEC

https://www.fiercehealthcare.com/tech/former-outcome-health-executive-settles-sec-fraud-allegations

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Ex-Outcome Health execs hit with criminal charges alleging $1B …

(5 days ago) WEBBy Beth Snyder Bulik Nov 27, 2019 7:45am. The co-founders of Outcome Health and several former executives have been charged by the Department of Justice (DOJ) in a $1 billion fraud scheme

https://www.fiercepharma.com/marketing/doj-files-criminal-charges-against-former-outcome-health-executives-alleging-1-billion

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U.S. charges former Outcome Health executives in $1 billion fraud

(6 days ago) WEBOutcome said in 2017 it was worth $5 billion, and Forbes magazine estimated Shah's net worth at $3.6 billion. Prosecutors charged Shah, 33, Agarwal, 34, and former Chief Financial Officer Brad

https://www.reuters.com/article/idUSKBN1XZ289/

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Former Outcome Health executive Ashik Desai settles SEC fraud

(6 days ago) WEBA former executive of Outcome Health reached a settlement with the U.S. Securities and Exchange Commission involving allegations he was aware of and participated in a “fraud at the core&#8221…

https://www.chicagotribune.com/2020/02/05/former-outcome-health-executive-ashik-desai-settles-sec-fraud-allegations/

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Former Outcome Health Executives Indicted In Billion-Dollar

(7 days ago) WEBWhen Context purchased a rival, Accent Health, in 2016, the company changed its name to Outcome Health and quickly became a hot commodity with what it said was nearly $200 million in sales.

https://www.forbes.com/sites/rachelsandler/2019/11/25/former-outcome-health-executives-indicted-in-billion-dollar-fraud-scheme/

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Outcome Health agrees to $70M settlement in federal ad fraud

(7 days ago) WEBRoughly two years after the fact, digital healthcare advertiser Outcome Health is finally closing the loop on its ad fraud scandal. Yesterday the Chicago-based company and the US Department of Justice announced a $70 million settlement alongside an admission that the company’s former executives and employees sold falsified …

https://www.mobihealthnews.com/news/north-america/outcome-health-agrees-70m-settlement-federal-ad-fraud-investigation

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Northern District of Illinois Former Executives of Outcome Health

(5 days ago) WEBA federal jury convicted three former executives of Outcome Health, a Chicago-based health technology start-up company, for their roles in a fraud scheme that targeted the company’s clients, lenders, and investors and involved approximately $1 billion in fraudulently obtained funds. The individuals convicted by jury verdict today were:

https://www.justice.gov/usao-ndil/pr/former-executives-outcome-health-convicted-1b-corporate-fraud-scheme

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Outcome Health, on rebound from scandal, sells majority stake

(2 days ago) WEBOutcome Health, a healthcare advertising company that was accused of misleading clients, says it has sold a majority interest to private-equity firm Littlejohn. Terms of the deal were not disclosed.

https://www.modernhealthcare.com/finance/outcome-health-rebound-scandal-sells-majority-stake

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Office of Public Affairs Former Executives and Employees of …

(9 days ago) WEBFour former executives and two former employees of Outcome Health (Outcome), a Chicago-based health technology start-up company founded in 2006, were charged for their alleged roles in a fraud scheme that targeted the company’s clients, lenders and investors, and involved approximately $1 billion in fraudulently obtained funds.

https://www.justice.gov/opa/pr/former-executives-and-employees-health-technology-start-charged-1-billion-scheme-defraud

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Urologist accused of patient sex abuse, including of minors

(5 days ago) WEBA New York-area doctor has been charged with the yearslong sexual abuse of multiple patients, including two males who authorities say were initially attacked before becoming adults. Darius A. Paduch of North Bergen, New Jersey, was charged in an indictment unsealed Tuesday in Manhattan federal court with sexually abusing multiple …

https://apnews.com/article/urologist-doctor-sex-abuse-new-york-918d661a5e040525417c4f4464c19c73

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PM apologises after infected blood scandal cover-up - BBC

(Just Now) WEBAuthorities covered up infected blood scandal after knowingly exposing victims to unacceptable risks, long-awaited report says. The five-year investigation accused doctors, government and the NHS

https://www.bbc.com/news/health-69037200

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Infected blood inquiry scandal live: PM says 'day of shame for …

(3 days ago) WEBSummary. The final report of the public inquiry into the infected blood scandal will be published at lunchtime. More than 30,000 people were infected with HIV and hepatitis C from 1970 to 1991 by

https://www.bbc.co.uk/news/live/uk-69025640

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FBI — Former Maxim Healthcare Services Senior Manager …

(6 days ago) WEBU.S. Attorney’s Office November 21, 2011. District of New Jersey (973) 645-2888. TRENTON, NJ—A former senior manager and 13-year employee of Maxim Healthcare Services, Inc. (“Maxim”), was

https://www.fbi.gov/newark/press-releases/2011/former-maxim-healthcare-services-senior-manager-sentenced-to-prison-for-health-care-fraud

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Wiley's 'fake science' scandal is just the latest chapter in a broader

(3 days ago) WEBWiley's Hindawi scandal offers a window into a thriving black market of fake science, corrupted research and bogus authorship. It also illuminates a much broader crisis of trust confronting

https://www.abc.net.au/news/2024-05-21/wiley-hindawi-articles-scandal-broader-crisis-trust-universities/103868662

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Infected blood scandal: Inquiry into NHS disaster to publish

(6 days ago) WEBThe public inquiry into the infected blood scandal, known as the biggest treatment disaster in NHS history, is due to publish its findings. More than 30,000 people were infected with HIV and

https://www.yahoo.com/news/infected-blood-scandal-inquiry-nhs-200941021.html

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Patient of suspended urologist testifies in federal court that Darius

(3 days ago) WEBPaduch, 56, who practiced for Northwell Health on Long Island until his April 2023 arrest, faces 13 felony counts related to alleged sexual assault and abuse. If convicted, he could spend the rest

https://www.newsday.com/long-island/crime/dr-darius-paduch-urologist-trial-os417ak9

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Southern District of New York Urologist Charged In Superseding

(9 days ago) WEBDamian Williams, the United States Attorney for the Southern District of New York, announced today that a grand jury in Manhattan federal court returned a Superseding Indictment charging DARIUS A. PADUCH, a New York–area urologist, with seven counts of inducing a person to travel to engage in unlawful sexual activity and six counts of …

https://www.justice.gov/usao-sdny/pr/urologist-charged-superseding-indictment-sexually-abusing-eight-patients-including

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Trump Trial Day 19 Takeaways: Cohen Finishes Testimony as …

(4 days ago) WEBMr. Trump, 77, has denied the charges and that he had an encounter with Ms. Daniels. If convicted, he could face prison or probation. Here are five takeaways from Mr. Trump’s 19th day on trial

https://www.nytimes.com/2024/05/20/nyregion/trump-trial-ny-hush-money-takeaways.html

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