Tag: Investigation

PLYMOUTH MEETING, Pa. – Luke McGee has resigned from his positions as co-CEO and director of the board of AdaptHealth, and Stephen Griggs has been named CEO effective immediately.  Griggs, who is also a member of the board, joined AdaptHealth in February as co-CEO following the company’s acquisition of AeroCare Holdings, which he founded and led as president and CEO.  “Steve’s extensive management experience, along with health sector expertise and a proven...

SAN DIEGO - ResMed in July received a federal administrative subpoena from the Office of Inspector General requesting documents and other information related to its patient resupply software.“We are cooperating with the OIG to respond to its requests,” the company stated in a 10-K filed Aug. 5 with the Security and Exchange Commission.The OIG's investigation could affect ResMed in a number of ways, which the company outlines in the form.Right off the bat, ResMed warns that “responding...

NEW BRAUNFELS, Texas - The Justice Department will not bring criminal charges against former executives of the now defunct The Scooter Store, according to the San Antonio Express-News.“Based on the results of a five-year investigation, the Justice Department does not believe it has sufficient evidence to prove criminal liability beyond a reasonable doubt as to senior managers at The Scooter Store,” said agency spokesman Peter Carr in an email to the newspaper.The decision comes more than...

GOLETA, Calif. - The board of directors at Inogen has dismissed BDO USA as the independent registered public accounting firm auditing the company's financial statements, according to a recent Form 8-K filed with the Securities and Exchange Commission. In its place, Inogen has engaged Deloitte & Touche. The change follows an investigation into an accounting issue that delayed the company's earnings for the fourth quarter last year. In the form, Inogen says “there were no disagreements with...

GOLETA, Calif. - On the heels of the news that Inogen is investigating its accounting practices, Powers Taylor, a securities litigation firm, has filed a federal class action lawsuit in the U.S. District Court for the Central District of California against the company and several of its directors. Inogen announced on March 12 that it had to delay reporting its fourth quarter and year-end earnings due to an internal investigation of its accounting practices. Willie Briscoe, a former attorney for the...

BALTIMORE - The PECOS edits are scheduled to go into effect today. Noridian Administrative Services, the DME MAC for Jurisdiction D, reminded providers in a Jan. 2 bulletin that Medicare planned to implement Phase 2 denial edits on Jan. 6. With the edits in effect, contractors will verify that the ordering/referring physician or healthcare provider on the claim is in the Physician Enrollment, Chain and Ownership System (PECOS), and is eligible to order/refer in Medicare. Ordering/referring physicians...

SAN ANTONIO - The former chairman and CEO of The Scooter Store has denied any wrongdoing in an interview with The San Antonio News-Express. “I think I have an extremely high level of confidence that the company never did anything wrong,” Doug Harrison told the newspaper. “I know I never did anything wrong.” Before closing in 2013, The Scooter Store was the subject of an FBI investigation. It had also come under scrutiny by numerous members of Congress. Harrison also told the...