Author: Blake Caldwell

A physician convicted of orchestrating a multimillion-dollar Medicare fraud scheme tied to COVID-19 testing events at assisted living communities has been sentenced to seven years in federal prison, according to the U.S. Department of Justice. Alexander Baldonado, MD, was ordered to serve the sentence and pay $2.2 million in restitution after a jury found him guilty of submitting more than $24 million in fraudulent Medicare claims. The sentence was handed down on Oct. 23, during the federal government shutdown that began Oct. 1, 2025 and ended Nov. 12, 2025. Cancer genetic tests ordered without patient care Court records show Baldonado…

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3G Healthcare Real Estate has arranged the $545 million sale of a large skilled nursing portfolio spanning seven states across the Southeast and Midwest, the advisory firm confirmed this week. The 5,000-bed collection includes facilities in Alabama, Georgia, Illinois, Louisiana, Mississippi, Missouri and Tennessee. A Major Regional Play Stan Klos, a principal at 3G Healthcare Real Estate, said the firm has been steadily increasing its focus in the Southeast and expanding its reach into Midwest markets. According to industry reports, he noted that the seller turned to 3G because of its deep skilled nursing expertise and its data-driven approach to…

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