The Las Vegas jury decided on Tuesday that UnitedHealthcare must pay $62.65 million in compensation to make up for the shortage of TeamHealth clinicians.
The jury unanimously found that the largest insurance company in the United States was guilty of fraud and unjust enrichment, saying that it had entered into and violated an implied contract with TeamHealth and engaged in unfair and oppressive claims. The private-equity-backed supplier group initially asked for $100 million in punitive damages when it claimed that insurance companies reimbursed clinicians at illegally low interest rates. The jury awarded the plaintiff US$60 million. TeamHealth won $2.65 million Compensatory damages Last week, UnitedHealthcare’s total debt reached 62.65 million US dollars.United Medical will Reportedly repealed ruling.
The case where Started last month In Clark County, Nevada, the District Court appeared on behalf of Fremont Emergency Services, which claimed that UnitedHealthcare had responded to a commitment by a TeamHealth subsidiary to terminate its provider contract and reduce its reimbursement by as much as 80%.
The award ends TeamHealth’s record of the first of 10 outstanding cases in UnitedHealthcare. TeamHealth’s subsidiaries in Florida, New Jersey, New York, Oklahoma, Pennsylvania, and Texas are all challenging UnitedHealthcare’s reimbursement.
In this and other cases, UnitedHealthcare retorted that TeamHealth’s unreasonably high fees caused it to be removed from the insurance company’s provider network. The insurance company argued that the company’s private equity owners were bent on creating additional profits, which caused the cost of healthcare to rise. The private equity firm Blackstone Group acquired TeamHealth for $6.1 billion in 2017.
The trial begins a few days later UnitedHealthcare filed a separate complaint Filed a lawsuit against the provider group in the U.S. District Court for the Eastern District of Tennessee. The insurance company claimed that TeamHealth deliberately misled the insurance company to pay more than $100 million in fraudulent claims.
UnitedHealthcare and TeamHealth did not immediately respond to interview requests.