Modern Healthcare Staff Crain's Chicago Business edi[email protected] Crain's Chicago Business team See All Staff Page Recent Stories Outcome Health trial moves faster than expected as prosecution wraps up case It’s not clear how much of a case the defense teams plan to mount when the Chicago trial resumes next week. Outcome Health investor lost 90% when company fell The hot Chicago startup badly missed revenue targets as it was completing a major venture-capital deal — just one of several new details revealed in court. Goldman Sachs fund manager describes Outcome Health investment The fund manager knew there would be trouble after he read a Wall Street Journal story that accused the startup of overbilling and misleading drug companies. Outcome Health ex-lawyer details breaking point to jury Collin Williams worried that a whistleblower's allegations of widespread fraud would put the company at risk. Star witness of Outcome Health trial wraps up tough weeks on the stand Prosecutors and defense attorneys painted very different pictures for the jury as the fraud case approaches the halfway point. Walgreens loses $54M contract with California over abortion pill decision The decision comes just days after California Gov. Gavin Newsom said the state would stop doing business with the pharmacy retail giant. Defense attorney grills key witness in Outcome Health case Rishi Shah's defense attorney took his shots at star witness Ashik Desai, who testified as part of a plea deal with prosecutors. Why Outcome Health needed a half-billion dollars Held up as a success, the company was drowning in debt after the Accent Health acquisition and worried about missing sales targets, according to trial evidence. Star witness testifies against Outcome Health founders in fraud trial Ashik Desai, who cut a plea deal, details how the company is alleged to have secretly overbilled advertisers such as AbbVie. Former COO from Chicago-area hospital indicted for fraud Robert Spadoni is accused of stealing more than $600,000 from Rush Oak Park Hospital. Outcome Health whistleblower tells his tale at fraud trial Former Outcome Health analyst David Ma described the inner workings of the high-flying healthcare advertising company that led to fraud charges. CVS Health deal means major payday for Oak Street Health CEO CEO and co-founder Mike Pykosz could receive more than $300 million cash in the acquisition. Outcome Health employees worried if company was a Ponzi scheme An early employee tells a jury there were questions inside and outside the company. Cancer Treatment Centers of America completes City of Hope rebrand The nonproft says it is using its purchase of CTCA to build a national cancer powerhouse. Prosecutors outline fraud case against Outcome Health co-founders, former COO One prosecutor told jurors the case against co-founders Rishi Shah and Shradha Agarwal and former COO Brad Purdy is about “ambition, greed and fraud.” Load More Sponsored Content
Modern Healthcare Staff Crain's Chicago Business edi[email protected] Crain's Chicago Business team See All Staff Page