April 10, 2018
A Massachusetts federal judge signed off Tuesday on a settlement mandating changes in the corporate governance at American Renal Associates Holdings Inc. after shareholders accused its officers and directors of artificially raising the company's revenue by inducing patients to swap their Medicare or Medicaid coverage for health plans with higher reimbursements.
October 26, 2017
The officers and directors of American Renal Associates Holdings Inc. knew the company was illegally inflating its revenues by convincing patients to switch from government-sponsored health plans to commercial ones with higher reimbursements but ignored it, according to a shareholder suit filed Wednesday in Massachusetts federal court.