Petros Fichidzhyan pleaded guilty in connection with a scheme to defraud Medicare of more than $17 million through fake hospice & home health care companies

WASHINGTON—Petros Fichidzhyan, a California man, pleaded guilty to health care fraud, aggravated identity theft and money laundering in connection with scheme to defraud Medicare of more than $17 million through sham hospice companies and his home health care company, according to the U.S. Department of Justice. Fichidzhyan is scheduled to be sentenced on April 14.

NASDAQ celebrated the artificial intelligence (AI) company’s home health & health care app in Times Square

DETROIT—Amesite Inc., a technology company specializing artificial intelligence (AI) solutions, was recently recognized by NASDAQ for the launch of its AI app, “NurseMagic,” through a feature on the NASDAQ Tower in Times Square. The app aims to support nursing professionals and home health care workers in their patient care efforts throughout the health care industry.

The “IntenOxy 5” oxygen concentrator aims to provide effective oxygen delivery to respiratory care patients

BALL GROUND, Georgia—CAIRE, an oxygen technology manufacturer, announced the launch of the “IntenOxy 5” stationary oxygen concentrator. The company said the product launch aims to provide durable medical equipment (DME) and home medical equipment (HME) customers with access to equipment that requires minimal maintenance and reduced operating expenses. 

Michael Harrington, VP of sales & co-founder of oxygen solutions provider Responsive Respiratory Inc., has retired after 22 years

ST. LOUIS—Responsive Respiratory Inc. (RRI), an oxygen products and solutions provider, announced VP of Sales Michael Harrington has retired. Harrington was one of three founding partners of the company and has served in the VP role since the company’s opening in 2003. 

The homecare company was named among the top franchises in Entrepreneur magazine’s 2025 Franchise 500 ranking, up 45 spots from its 2024 ranking

CINCINNATI, Ohio—FirstLight Home Care, a provider of homecare services, announced it has been recognized as one of the top 500 franchises on Entrepreneur’s Franchise 500 list. The company was ranked number 393 on the 2025 Franchise 500 list, which is up 45 spots from its 2024 ranking.