Qui Tam Quarterly - Risky Business: Health Care Investments Pose Acute False Claims Act Risk for Private Equity

K&L Gates LLP

This article analyzes emerging risks to PE firms that invest in the health care sector by examining the current enforcement landscape and significant FCA litigation; identifies key factors that increase FCA risk for PE firms in the health care space and risk related to participation in COVID-19 stimulus programs, like the Paycheck Protection Program (PPP) and the Provider Relief Fund (PRF); and concludes with a discussion of best practices PE firms should consider in order to minimize FCA liability exposure.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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