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$14M Medicaid fraud scheme collected urine samples from Charlotte-area kids, feds say [The Charlotte Observer]

January 26, 2022

A Greensboro businessman pleaded guilty on Tuesday for his role in a sweeping urine-testing conspiracy in Charlotte and across the state that defrauded North Carolina's Medicaid program out of some $14 million. Newly filed documents in the case allege that Richard Graves, 49, was among a list of named and unnamed co-conspirators who paid millions in…

$14M Medicaid fraud scheme collected urine samples from Charlotte-area kids, feds say [The Charlotte Observer]

January 26, 2022

A Greensboro businessman pleaded guilty on Tuesday for his role in a sweeping urine-testing conspiracy in Charlotte and across the state that defrauded North Carolina's Medicaid program out of some $14 million. Newly filed documents in the case allege that Richard Graves, 49, was among a list of named and unnamed co-conspirators who paid millions in…

$14M Medicaid fraud scheme collected urine samples from Charlotte-area kids, feds say [The Charlotte Observer]

January 26, 2022

A Greensboro businessman pleaded guilty on Tuesday for his role in a sweeping urine-testing conspiracy in Charlotte and across the state that defrauded North Carolina's Medicaid program out of some $14 million. Newly filed documents in the case allege that Richard Graves, 49, was among a list of named and unnamed co-conspirators who paid millions in…

Arthur J. Gallagher & Co. Increases Cash Dividend To $0.51 Per Share

January 26, 2022

–Arthur J. Gallagher& Co. announced that its Board of Directors declared a fifty one cents per share quarterly cash dividend on the company's common stock, a $0.03 increase over the prior quarter's dividend. Arthur J. Gallagher& Co., a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois.

Seoul National University Hospital Reports Findings in Brain Cancer (Association of Zolpidem With Increased Mortality in Patients With Brain Cancer: A Retrospective Cohort Study Based on the National Health Insurance Service Database): Oncology – Brain Cancer

January 26, 2022

2022 JAN 26– By a News Reporter-Staff News Editor at Information Technology Business Daily– New research on Oncology- Brain Cancer is the subject of a report. According to news reporting originating in Seoul, South Korea, by NewsRx journalists, research stated,“ Zolpidem is one of the most common hypnotics prescribed to treat insomnia worldwide.

VR Insurance Holdings, Inc. Announces Acquisition of The National Security Group, Inc.

January 26, 2022

ELBA, Ala.& SAN FRANCISCO—- The National Security Group, Inc. and VR Insurance Holdings, Inc. today announced that they have entered into a definitive merger agreement, under which VR Holdings has agreed to acquire all of the outstanding common shares of The National Security Group, Inc. for $16.35 per share in cash, representing a 77% premium to the closing share…

Patent Issued for Systems and methods of processing and reconciling healthcare related claims (USPTO 11217346): Accumulation Technologies LLC

January 26, 2022

2022 JAN 26– By a News Reporter-Staff News Editor at Insurance Daily News– A patent by the inventors Eggertsen, John, Madonna, Andrew, Pearce, Joshua, Tugulan, Victor, Way, Benjamin, filed on October 17, 2018, was published online on January 4, 2022, according to news reporting originating from Alexandria, Virginia, by NewsRx correspondents. Patent number 11217346 is…

Researchers Submit Patent Application, “Systems And Methods For Collecting And Processing Alternative Data Sources For Risk Analysis And Insurance”, for Approval (USPTO 20220005125): Patent Application

January 26, 2022

2022 JAN 26– By a News Reporter-Staff News Editor at Insurance Daily News– From Washington, D.C., NewsRx journalists report that a patent application by the inventors Andrews, Geoffrey R.; Drucker, Max Leslie, filed on September 16, 2021, was made available online on January 6, 2022. No assignee for this patent application has been made. News editors obtained the…

Findings from Kyoto University Has Provided New Data on Environmental Research (Determinants of Farmers’ Risk Perceptions of Hailstorms In Northern Bangladesh: Is Adaptive Capacity the Major Concern?): Environmental Research

January 26, 2022

2022 JAN 26– By a News Reporter-Staff News Editor at Insurance Daily News– Current study results on Environmental Research have been published. Financial support for this research came from Ministry of Education, Culture, Sports, Science and Technology, Japan. Our news journalists obtained a quote from the research from Kyoto University,“ This study aims to…

Patent Application Titled “Unsubscribe And Delete Automation” Published Online (USPTO 20220004660): Allstate Insurance Company

January 26, 2022

2022 JAN 26– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a patent application by the inventors BURNS, William P.; DAFTARY, Siddharth; DHAKSHNAMOORTHY, Jhanani; HUDSON, Colin; LU, Marvin; NEWELL, Stephen Robert; PARKINSON, John S.; SCHAPIRO, Jessica; SHARP, Michael, filed on…

Reports on Graves Disease from China Medical University Provide New Insights (Association Between Haemorrhoids and Graves’ Disease: a Retrospective Cohort Study Using Data From Taiwan’s Longitudinal Health Insurance Database): Autoimmune Diseases and Conditions – Graves Disease

January 26, 2022

2022 JAN 26– By a News Reporter-Staff News Editor at Insurance Daily News– Researchers detail new data in Autoimmune Diseases and Conditions- Graves Disease. Funders for this research include Taiwan Ministry of Health and Welfare Clinical Trial Center, China Medical University Hospital, Ministry of Science and Technology. Our news editors obtained a quote…

Study Results from Grand Valley State University Provide New Insights into Policy Analysis (The Effect of Public Health Insurance On Criminal Recidivism): Global Views – Policy Analysis

January 26, 2022

2022 JAN 26– By a News Reporter-Staff News Editor at Health Policy and Law Daily– Research findings on Global Views- Policy Analysis are discussed in a new report. Our news editors obtained a quote from the research from Grand Valley State University,“ We consider a Beckerian law enforcement theory to identify different channels through which access to…

Study Data from University of Niigata Update Knowledge of Circulation Research (Incidence and Risk Factors of Future Need for Long-term Care Insurance In Japanese Elderly Patients With Left Ventricular Systolic Dysfunction): Health and Medicine – Circulation Research

January 26, 2022

2022 JAN 26– By a News Reporter-Staff News Editor at Hospital& Nursing Home Daily– A new study on Health and Medicine- Circulation Research is now available. For more information on this research see: Incidence and Risk Factors of Future Need for Long-term Care Insurance In Japanese Elderly Patients With Left Ventricular Systolic Dysfunction. Circulation…

AM Best Assigns Credit Ratings to Universal Fire & Casualty Insurance Company and Its Subsidiary

January 26, 2022

AM Best has assigned a Financial Strength Rating of A- and a Long-Term Issuer Credit Rating of“ a-” to Universal Fire& Casualty Insurance Company and its wholly owned subsidiary, Shield Indemnity Incorporated. These companies are collectively referred to as Universal Shield Insurance Group. On Dec. 31, 2021, UFCIC and its parent company, UIM Holding Company, merged…

“Machine Learning of Dental Images to Expedite Insurance Claim Approvals and Identify Insurance Fraud” in Patent Application Approval Process (USPTO 20220005588): Patent Application

January 26, 2022

2022 JAN 26– By a News Reporter-Staff News Editor at Daily Veterinary News– A patent application by the inventors Cambria, Andrea; Ricci, Richard, filed on January 29, 2021, was made available online on January 6, 2022, according to news reporting originating from Washington, D.C., by NewsRx correspondents. This patent application has not been assigned to a company…

KKR Income Opportunities Fund Declares Monthly Distributions of $0.105 Per Share

January 26, 2022

KKR Income Opportunities Fund today announced its monthly distributions of $0.105 per common share, payable on the dates below. Based on the Fund’ s initial public offering price of $20.00 per share and current share price of $15.62 per share, the distributions represent an annualized distribution rate of 6.30% and 8.07%, respectively. The monthly…

$14M Medicaid fraud scheme collected urine samples from Charlotte-area kids, feds say [The Charlotte Observer]

January 26, 2022

A Greensboro businessman pleaded guilty on Tuesday for his role in a sweeping urine-testing conspiracy in Charlotte and across the state that defrauded North Carolina's Medicaid program out of some $14 million. Newly filed documents in the case allege that Richard Graves, 49, was among a list of named and unnamed co-conspirators who paid millions in…

Findings from University of Wisconsin Yields New Findings on Influenza Vaccines (Utilization of Preventive Services By Women Enrolled In the Affordable Care Act’s Health Insurance Marketplace): Immunization and Public Health – Influenza Vaccines

January 26, 2022

2022 JAN 26– By a News Reporter-Staff News Editor at Vaccine Daily– Investigators discuss new findings in Immunization and Public Health- Influenza Vaccines. Our news journalists obtained a quote from the research from the University of Wisconsin,“ However, no study has evaluated whether the utilization of preventive services is similar between Marketplace…

AXIS Capital Reports Fourth Quarter 2021 Results

January 26, 2022

SHAREHOLDERS OF $197 million, or $2.31 PER DILUTED COMMON SHARE AND OPERATING INCOME OF $182 million, or $2.13 PER DILUTED COMMON SHARE. Net income available to common shareholders of $588 million, or $6.90 per diluted common share, and operating income of $436 million, or $5.12 per diluted common share Improvement of 3.5 points in current accident year…

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