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French regulators freeze accounts of PE-backed healthcare company

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Kevin Kinsella

2 min read
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The PNF froze €46m in the corruption and money laundering investigation, underscoring the risks at play when healthcare compliance meets private equity.

The Parquet National Financier (PNF) has frozen about €46m ($52m) in assets belonging to healthcare provider Santé Cie, part of an investigation into alleged corruption and money laundering, according to reporting by Bloomberg.

Santé Cie is a major player in French home healthcare, offering treatments from insulin therapy to dialysis

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