NewHavenBIZ

n e w h a v e n b i z . c o m | J a n u a r y 2 0 2 3 | n e w h a v e n B I Z 5 A r o u n d t h e R e g i o n Physician, medical practice to pay $4.3M to settle false claims allegations An area physician and urgent care practice have reached a $4.3 million civil settlement agreement with the state and federal governments to re- solve allegations of improper medical billing. Dr. Jasdeep Sidana and his practice, which includes Docs Medical Group Inc., Docs Urgent Care LLP, Lung Docs of CT P.C., Epic Family Physi- cians LLP and Continuum Medical Group LLC, will pay $4,267,950, according to an announcement. Sidana is based in East Haven, ac- cording to the Secretary of the State's office. Sidana specializes in pulmon- ology and is the owner and CEO of a medical practice with more than 20 facilities throughout Connecticut. e practice offers primary and urgent care services, allergy testing and treat- ment, and COVID-19 testing. Sidana and the medical practices allegedly submitted claims for pay- ment to Medicare and the Connecti- cut Medicaid program for medically unnecessary allergy services, unsu- pervised allergy services, and services improperly billed as though provided by Sidana, the U.S. Attorney's office said. e settlement agreement also re- BY THE NUMBERS 6,200 The number of jobs Connecticut added in November, according to the state Department of Labor. solves allegations that they improperly billed for some office visits associated with COVID-19 tests. California biotech buys Branford's IsoPlexis for $57.8M A California bioscience company has acquired Branford's IsoPlexis in an all-stock transaction valued at $57.8 million, the companies announced. Berkeley Lights, based in Emeryville, Calif., said it intends to combine the two companies' similar cell biology technologies, customer bases and com- mercial channels to form a new firm, to be called PhenomeX. PhenomeX will provide live cell biology research tools and new per- spectives on the phenome, a cell's com- bination of genetic traits and environ- mental factors. IsoPlexis instruments focus on how multi-functional immune cells com- municate and respond, while Berkeley Lights' technology enables customers to analyze and choose the best cells for research. IsoPlexis sells a benchtop de- vice called the IsoSpark to researchers for cell analysis. e transaction is scheduled to close in the first quarter of 2023, pending approval by shareholders of Berkeley Lights and IsoPlexis and other closing conditions. n Building Ideas That Work... Building Ideas That Work... Contact us at 860.482.7613 or visit us at BorghesiBuilding.com 2155 East Main Street Torrington, Connecticut 06790 © 2011 BlueScope Buildings North America, Inc. All rights reserved. Butler Manufacturing ™ is a division of BlueScope Buildings North America, Inc. Borghesi Building & Engineering Co., Inc. will guide you in defining your project goals, help analyze your prospective property and provide a realistic budget. For more than 80 years, Borghesi Building & Engineering Co., Inc. has provided quality and reliability with design and energy efficient construction. With an attractive design, it presents to your customers a comfortable relaxing environment to help promote sales. You will appreciate the quality your facility presents. $127 million The amount CVS and Walgreens will pay Connecticut as part of a $10.7 billion settlement of claims arising from the national opioid crisis. 24% The percentage increase in real estate sales people in Connecticut between 2018 and 2022. $29.6 million The federal grant awarded to the state Department of Transportation to make accessibility upgrades to three stations along the Metro-North Railroad Waterbury branch line, including in Ansonia, Seymour and Beacon Falls.

• Cover