Digital Access

Digital Access
Access daily-chronicle.com from all your digital devices and receive breaking news and updates from around the area.

Home Delivery

Home Delivery
Local news, prep sports, Chicago sports, local and regional entertainment, business, home and lifestyle, food, classified and more!

Text Alerts

Text Alerts
Choose your news! Select the text alerts you want to receive: breaking news, prep sports scores, school closings, weather, and more.

Email Newsletters

Email Newsletters
We'll deliver news & updates to your inbox. Sign up for free e-newsletters today.
State

Illinois suspends tax break deal with Chicago tech company

CHICAGO – 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 said 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.

Illinois previously suspended a 2016 agreement under Gov. Bruce Rauner's administration. It's worth roughly $6 million over a decade.

Outcome Health officials said they remain "committed to improving health care outcomes for patients."

Loading more