Navigation Links
Detroit Area Hospitals Seek $75 Million from United American HealthCare Arising out of its Management of the Liquidated OmniCare HMO
Date:1/15/2009

DETROIT, Jan. 15 /PRNewswire/ -- In a lawsuit pending in Wayne County Circuit Court arising out of the demise of the Detroit-based OmniCare, a once-large HMO servicing Medicaid recipients, several major Detroit area hospitals filed a Brief today in support of their claim for $75 Million in damages from United American Healthcare, the former manager of the failed HMO, OmniCare.

In their filing, the Provider Creditors Committee consisting of Beaumont Hospital, Henry Ford Hospital, the Detroit Medical Center, St. John Hospital, Trinity Health, and Oakwood Hospital, requested that Judge Isidore Torres award damages in the tens of millions of dollars for United's mismanagement of Omnicare.

In the suit, the hospitals allege that United American Healthcare breached its management agreement with OmniCare and mismanaged OmniCare, and that certain officers and directors of United American breached their fiduciary duties to OmniCare. In the late 1990s, the State of Michigan filed a petition against OmniCare, putting OmniCare into supervision, then rehabilitation, and, when it was determined that OmniCare could not be salvaged, then into liquidation. The State of Michigan's filings in Lansing asserted that OmniCare was operating with insufficient capital requirements, in violation of state law.

During the proceedings in Ingham County Circuit Court, it was determined that United American Healthcare had not paid many health care providers for tens of millions of dollars of medical care rendered to OmniCare Medicaid insureds. Yet, during this same period, United American Healthcare was paid over $50 million in management fees by OmniCare.

The hospitals' attorney, Gerard Mantese, of Troy, Michigan, stated that, "during the liquidation process, the court approved an order allowing the hospitals to pursue claims against United American HealthCare and various of its officers and directors for mismanaging OmniCare."


'/>"/>
SOURCE Mantese and Rossman, P.C.
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Adayana, Inc. Acquires Gradepoint, a Detroit-Based Enterprise Learning Company
2. Detroit Area Hospitals Sue To Recover Medicaid Funds
3. MICHIGAN QUALITY COUNCIL (MQC) NAMES The Detroit Athletic Club 2008 STATE QUALITY AWARD RECIPIENT
4. Elizabeth Edwards Reschedules Metro Detroit Appearance
5. Blue Cross Blue Shield of Michigan Closes Detroit Operations October 31 Due to Bomb Threat
6. RMA of Michigan Hosts 1st Metro Detroit Area Hope Uncorked: Exclusive Wine Tasting Event To Benefit Fertile Hope
7. Davis Vision, United Way 2-1-1 and the United Auto Workers Team Up to Provide Free Vision Screenings August 25 for Detroit Children
8. LPA Hosts 51st National Conference in Detroit
9. Fight Against Breast Cancer Receives Big Boost During Susan G. Komen Detroit Race for the Cure(R) With 344 Participants From Binsons, Northwood
10. Cullen Elected to Chairman of YMCA of Metro Detroit - the Citys Oldest Not-for-Profit
11. Man who Lost Everything Comes to Detroit to Spread Message of Hope
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/27/2016)... ... , ... TherapySites, the leading website and online ... Counseling Association. This new relationship allows TherapySites to continue to extend their ... benefits and promotional offers. , "TCA is extremely excited about this new partnership, ...
(Date:6/27/2016)... ... June 27, 2016 , ... ... technology to revolutionize the emergency ambulance transport experience for the millions of people ... how Uber has disrupted the taxi industry through the use of technology. Now, ...
(Date:6/26/2016)... ... , ... Quality metrics are proliferating in cancer care, and are derived from ... of the beholder, according to experts who offered insights and commentary in the current ... For the full issue, click here . , For the American Society of ...
(Date:6/26/2016)... ... 26, 2016 , ... Pixel Film Studios Released ProSlice Levels, a Media Slicing ... their videos a whole new perspective by using the title layers in ProSlice ... , ProSlice Levels contains over 30 Different presets to choose from. FCPX ...
(Date:6/26/2016)... NC (PRWEB) , ... June 26, 2016 , ... Brent Kasmer, a legally blind and ... to be personalized through a fitness app. The fitness app plans to fix the two ... currently only offer a one size fits all type program , They don’t ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... 24, 2016 Dehaier Medical Systems Ltd. (NASDAQ: ... develops, markets and sells medical devices and wearable sleep ... a strategic cooperation agreement with Hongyuan Supply Chain Management ... on June 20, 2016, to develop Dehaier,s new Internet ... agreement, Dehaier will leverage Hongyuan Supply Chain,s sales platform ...
(Date:6/24/2016)... Belgium , June 24, 2016 ... the appointment of Dr. Edward Futcher ... Non-Executive Director, effective June 23, 2016.Dr. Futcher was ... Nominations and Governance Committees.  As a non-executive member ... independent expertise and strategic counsel to VolitionRx in ...
(Date:6/23/2016)... June 23, 2016 Research and ... Excipients Market by Type (Organic Chemical (Sugar, Petrochemical, Glycerin), ... Topical, Coating, Parenteral) - Global Forecast to 2021" ... The global pharmaceutical excipients market is projected ... CAGR of 6.1% in the forecast period 2016 to ...
Breaking Medicine Technology: