New Jersey’s Office of the State Comptroller (OSC) has uncovered a shocking Medicaid fraud scheme involving South Jersey Extended Care (SJEC). In this episode, we break down the five-year investigation that revealed how SJEC operators Michael Koning and Steven Krausman, along with straw owner Mark Weisz, allegedly siphoned millions in Medicaid funds into their personal businesses—leaving the nursing home underfunded and understaffed. We also discuss the regulatory loopholes that enabled this scheme and the OSC’s recommendations to prevent future fraud in the Medicaid program. Tune in to learn more about this alarming case and its impact on the healthcare system.
Click Here to read the entire February 2024 Healthcare Law Update now!For more information, contact: Riza I. Dagli | 973.403.3103 | rdagli@bracheichler.com Edward J. Yun | 973.364.5229 | eyun@bracheichler.com Cynthia J. Liba | 973.403.3106 | cliba@bracheichler.com
*This is intended to provide general information, not legal advice. Please contact the authors if you need specific legal advice.
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