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Enforcement & Compliance

Blood-testing startup Theranos said to be closing

Blood-testing startup Theranos said to be closing

The once-heralded blood-testing startup Theranos is shutting down, according to a media report. Theranos was unable to sell itself and is now looking to pay unsecured creditors its remaining cash of about $5 million in the upcoming months.

Data Points: Cracking down on Medicaid fraud

Data Points: Cracking down on Medicaid fraud

CMS Administrator Seema Verma last week said that her agency is working closely with states, the Government Accountability Office and HHS' Office of Inspector General to root out fraud in Medicaid.

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