CEO of St. Louis Nursing Home Chain Pleads Guilty to Fraud
Robert Wachter, the former CEO of American Healthcare Management, St. Louis, a now-defunct nursing home chain, pleaded guilty to criminal charges of healthcare fraud and conspiracy and failure to care for residents. The charges alleged Medicare and Medicaid fraud, and Wachter was named because he ordered cost cutting measures at the nursing homes. Three of the other 11 homes in the chain pleaded guilty. The homes were understaffed and unsanitary. The residents at the homes were suffering from dehydration, malnutrition and pressure ulcers, or bed sores, and did not receive adequate care.
From Modern Healthcare.
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