$2.5 Million in Lost Profits for Medicaid Provider Needs a Better Story, Better Data

Business Valuation UpdateVol. 16 No. 8
Legal and Court Case Update
August 2010

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8062 General Medical and Surgical Hospitals
622110 General Medical and Surgical Hospitals
tort
Signature Health Center, LLC v. State of New York
2010 WL 2197690 (N.Y. Ct. Cl.)
May 20, 2010
US
Federal Court
New York
United States Court of Federal Claims
David M Barshay, Douglas H Sanders, Michael C Rizzo
Sam Rosenfarb (plaintiff); Steve Egna (defendant)
Hard

Summary

Court denies $2.4 million in lost profits to Medicaid provider based on failure of expert damages to examine all the reasons for the plaintiff’s losses, aside from the defendant’s delayed reimbursement.

See Also

Signature Health Center, LLC v. State of New York

Full Text of Court Cases
May 20, 2010

Court denies $2.4 million in lost profits to Medicaid provider based on failure of expert damages to examine all the reasons for the plaintiff’s losses, aside from the defendant’s delayed reimbursement.