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HIG settles mental health billing fraud case with almost $20m payment

Private equity major HIG Capital has paid almost $20m to settle a lawsuit claiming its mental health company portfolio business South Bay fraudulently billed Medicaid for services provided by unlicensed, unqualified, and improperly supervised staff.

Francisco Partners follows $2.2bn credit fund close with Paradigm legal software deal

Francisco Partners has followed yesterday's $2.2bn credit fund close with a growth investment in Paradigm, a provider of practice management software and integrated payments to the legal industry. The post Francisco Partners follows $2.2bn credit

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