Compass previously partnered with Steward Medical for 10 years but the partnership ended in lawsuits filed over financial issues last year. Compass was found guilty of fraud and Steward was awarded $16.4 million, which remains unpaid and has grown to $25 million in the interim, according to Steward’s attorney.
“It is with our deepest regret and great sadness to inform you of our imminent plan to close our practices. After a steady stream of challenges, we were ultimately forced to make the devastating decision to close all offices of Compass Medical PC, effective immediately. There is no good way to share this news. We are heartbroken and truly sorry as we know the unprecedented impact on our valued patients,” reads a statement posted on the Compass Medical website.
The Massachusetts Attorney General is investigating the closure, according to a report from News 7.
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