Sale Paperwork Submitted to CA Attorney General by Keiro
Keiro first attempted to sell its four facilities to The Ensign Group, Inc (“Ensign”). This sale was rejected by the California Attorney General. It was later disclosed that Ensign agreed to pay $48 million to resolve allegations that it knowingly submitted false claims to Medicare (See DOJ article for details). Apparently, Keiro’s “due diligence” was not all that diligent.
After this sale was rejected, Keiro was quick to propose selling the facilities to a privately held real-estate developer, Pacifica Companies LLC (“Pacifica”). This time the sale was approved by the CA Attorney General which also waived the usual step of having a public hearing in order to expedite the process.
The original digital version of these documents provided to the public by the AG and Keiro were basic scanned documents without any indexing, making it practically impossible to search through the 700-1000 pages (each document) for key terms to find areas of concern, ambiguities, etc.
The versions provided here have now been indexed by KSCA, allowing the reader to quickly find topics by keyword.