HHSC announced this morning that Conduent’s recently awarded contract as TMHP’s claims vendor had been terminated for convenience. Termination for convenience means “a party to a contract to bring the contract to an end without the need to establish that … Read More
For the last decade flying under the radar, a couple of dentists and their attorneys have quietly and doggedly pursued the private contractor that approved their Medicaid orthodontic prior authorizations from 2004 to 2012. These dentists are seeking damages for … Read More
More trouble for Texas’s latest Medicaid contractor, Conduent. Needless to say, insurance providers AIG and partner companies are appalled that the Delaware judge in their case against Conduent granted a retrial and dismissed the jury verdict that Conduent had committed … Read More
You just can’t make this stuff up. HHS just contracted with Conduent again Texas just rehired Conduent, the company it had fired in 2014 as its lead Medicaid contractor and then accused of $1.2 billion in Medicaid fraud which it … Read More
What happens if a company gets sued for $2 billion by the State of Texas for Medicaid fraud as its former Medicaid claims administrator, then tries to pay the settlement by committing insurance fraud? Texas gives them a new contract! … Read More
The Houston Chronicle broke a bombshell story today (paywall, unfortunately). This ortho story still has legs. OAG assisted company they were suing to defraud insurer The Chronicle reported that the Office of the Attorney General had secretly made last-minute modifications … Read More
AUSTIN, Texas (CN) – Xerox and a former subsidiary agreed Tuesday to pay Texas over $235 million to settle claims they oversaw the payment of fraudulent Medicaid dental claims for over seven years. Texas Attorney General Ken Paxton said the … Read More
It appears that Texas Office of the Attorney General (OAG) forgot to sue Xerox to recover over $133 million that the federal government determined it was owed because of the state’s lack of oversight over Xerox, its then-Medicaid claims administrator, … Read More
New Jersey-based Conduent Inc. (NYSE: CNDT), a Xerox spinoff, plans to cut 213 jobs in Houston by the end of the year. The affected employees are at Conduent Commercial Solutions LLC’s 3100 Hayes Road location, according to a Worker Adjustment … Read More
Fujifilm Holdings came away with a victory in court this week after rulings in litigation brought against the company by Xerox Corp. shareholders were reversed or dismissed in appellate court. Darwin Deason, a top Xerox shareholder, was involved in several … Read More
TOKYO — Fujifilm Holdings is continuing its attempts to acquire Xerox, but the Japanese company has denied it will make any compromise, even if it fails in the bid. The acquisition of the major U.S. office equipment maker is “not … Read More
AUSTIN, Texas (Legal Newsline) – The Supreme Court of Texas denied a petition for writ of mandamus relief in an appeal involving Xerox Corp. and Xerox State Healthcare and allegations of Medicaid fraud. Justice Eva Guzman authored the June 22 … Read More
It’s the end of an era. The Xerox name and logo have been removed from Rochester’s tallest building which was the company’s old downtown location. Early Monday, crews removed the large sign outside the building’s main entrance. Back in January, … Read More
TOKYO Fujifilm Holdings Corp has threatened to compete against Xerox Corp in Asia-Pacific and challenge it in America and Europe if it failed to renew its technology agreement in 2021. Xerox had said on Monday it would start sourcing products … Read More
The Texas Supreme Court has found Xerox responsible for $1 billion in fraudulent Medicaid payments made while the company was responsible for pre-authorizations for Texas Medicaid patients’ dental work. According to a Texas Tribune report, the decision upheld a Texas … Read More
UPDATE: Conduent Share Price Drops 13% Over The Last Few Days – The stock market has apparently reacted harshly to the recent Seeking Alpha analysis on the underappreciation of the $2 billion Texas Medicaid fraud lawsuit against Xerox/Conduent. The stock price … Read More
The Supreme Court of Texas today rejected an attempt by Xerox/Conduent to point the finger at Texas dentists when it goes to court in an attempt to defend itself from at least $2 billion in damages and penalties stemming from its failed Medicaid orthodontic prior authorization … Read More
Law360 (June 22, 2018, 10:09 AM EDT) — Xerox Corp. can’t try to share the blame for what Texas alleges is a $1 billion civil Medicaid fraud with orthodontists who allegedly provided unnecessary services to poor children, the Texas Supreme Court … Read More
$2 billion Texas Medicaid lawsuit against Conduent going to jury in November and is NOT priced in; similar recent lawsuits suggest Conduent likely to settle for ~$500M+. Conduent (CNDT) is a low-quality, low-moat business process outsourcing company that has captured … Read More
Yes, we know it is 2018. Sorry. But the truth about the late great Texas Medicaid orthodontic debacle (2007 to 2011) has been not fully been made public yet. So here is some more truth for those who were involved … Read More
Two days ago, the iconic and troubled American corporation Xerox was sold to Japan’s Fujifilm for $6.3 billion dollars, ending its solo history in this country. Losing money, under pressure The new company will be known as Fuji Xerox and, … Read More
(Reuters) – Japan’s Fujifilm Holdings is set to take over Xerox Corp in a $6.1 billion deal, combining the U.S. company into their existing joint venture to gain scale and cut costs amid declining demand for office printing. Source: Japan’s Fujifilm … Read More
UPDATE: Arguments in this case were heard by the Supreme Court on Wednesday, December 6. The 39-minute video of the oral arguments is here. The court’s decision is not expected until spring of next year. As a heads up for dentists … Read More
Today, the Texas Supreme Court agreed to hear oral arguments from orthodontic providers regarding the dentists’ counterclaims in the pending State vs. dentists vs. TMHP/Xerox cases. The general facts of the underlying dispute about orthodontic prior authorization have been well-covered … Read More
The Statesman published a landmark article this morning by reporter Eric Dexheimer regarding the great Texas orthodontic debacle. Story finally pieced together Thanks to the state’s fraud suit against Xerox, its former Medicaid claims administrator summarily terminated back in early … Read More
Back in October 2015, TDMR filed an open records request with the Office of the Attorney General seeking to find out how much legal manpower had been used to pursue questionable Medicaid cases against Texas dentists involved in the multi-million dollar … Read More
Law360, Dallas (April 24, 2017, 7:13 PM EDT) — Texas told the Texas Supreme Court on Friday that a trial judge rightly barred Xerox Corp. from trying to share the blame in a $1 billion civil Medicaid fraud suit by … Read More
