Overall Risk Level
error High Risk
Risk Flags
flagChapter 11 bankruptcy filed January 5, 2021 (U.S. Bankruptcy Court, District of Massachusetts)
flag$25 million Massachusetts False Claims Act settlement (October 2021) — largest healthcare-fraud settlement to date against a PE firm
flagPE owner H.I.G. Capital was named as a defendant and held liable, not just the operating subsidiary
flagAssets sold off piecemeal (to Mentor Network/Sevita and to Pathways, later Clarvida) — the CIS corporate brand no longer operates independently
flagNo current, verifiable website, contact info, or active job postings under this company name
Legal Issues
gavel$25 million False Claims Act settlement (Oct 2021): H.I.G. Capital paid $19.95M; former executives Peter Scanlon and Kevin Sheehan paid the remaining $5.05M
gavelChapter 11 bankruptcy, District of Massachusetts, Case filed January 5, 2021; South Bay Mental Health Center and Futures Behavior Therapy Center sold for a combined $39.5 million
Ethical Concerns
policyCourt found H.I.G. Capital directly involved in South Bay's operations via board control, and liable for failing to correct known regulatory violations
Employee Sentiment
6.0
out of 10
Management