CHICAGO (AP) - Illinois has suspended another tax credit agreement with a health technology company that’s facing fraud allegations.
The Chicago Tribune reports Outcome Health received roughly $1.3 million in tax credits through a 2013 agreement signed under then-Gov. Pat Quinn. Department of Commerce and Economic Opportunity spokeswoman Jacquelyn Reineke says the agreement has been suspended due to the Chicago-based company’s legal troubles.
Top investors sued the company in November. Investors included units of Goldman Sachs and a fund that businessman and governor candidate J.B. Pritzker helped start. The newspaper reports investors filed court documents showing they received federal subpoenas.
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Illinois previously suspended a 2016 agreement under Gov. Bruce Rauner’s administration. It’s worth roughly $6 million over a decade.
Outcome Health officials say they remain “committed to improving health care outcomes for patients.”
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Information from: Chicago Tribune, http://www.chicagotribune.com
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