Alliance Home Health Care in Indianapolis will buy troubled Nightingale Home Healthcare Inc. for up to $3 million, reports the Indianapolis Business Journal. Alliance will pay $1.5 million for the Carmel-based company that filed bankruptcy last December, and will pay up to $1.5 million more based on ongoing revenues, according to the newspaper.
Last month, Nightingale lost an administrative law judge hearing to overturn its Medicare termination, and a temporary injunction against the termination expired June 8. The sale of the company with nearly $15 million an annual revenues is expected to close by July 15.
After a court-appointed ombudsman reviewed records and interviewed many current and former Nightingale employees, he found more than 1,300 complaints since 2011, ranging from visiting staff who didn’t show to care quality issues, the Journal says. Accusations included gifting referring physicians with sports tickets and spa gift certificates. The agency had staff turnover of more than 100 percent over two years, says the newspaper.