Hospitals Win Multimillion Dollar Arbitration Award Against National HMO
Lash & Goldberg LLP filed an arbitration demand against Foundation Health Corporation, a national managed care company, on behalf of ten South Florida hospitals. The demand sought damages in excess of $2 million based on the HMO's failure to pay the hospitals' claims in accordance with their contract. After more than two years of discovery involving complex legal and factual issues, followed by a lengthy final arbitration hearing, the arbitrator awarded the hospitals the full amount of their damages, plus interest.
The arbitration award was confirmed by a Florida state court, which awarded the hospitals their attorney's fees and costs, bringing the total amount of the final judgment to nearly $3 million.