Regulatory Affairs and Compliance
In 2001–2003 Polymedica Corp. and its subsidiary Liberty Medical Supply agreed to pay $35 million to resolve allegations that they submitted improper claims to Medicare for various diabetic and nebulizer products. Claims were allegedly submitted without a required doctor's order or prescription, and the companies failed to obtain and maintain documentation verifying the necessity of the level of treatment rendered. Under terms of the settlement, Polymedica agreed to comply with a corporate integrity agreement negotiated by HHS/OIG. Liberty Medical has since had an untarnished record of adherence to Medicare regulations and voluntarily provides extensive training and education to its entire workforce.
Read more about this topic: Liberty Medical
Famous quotes containing the words affairs and/or compliance:
“The vast results obtained by Science are won by no mystical faculties, by no mental processes other than those which are practiced by every one of us, in the humblest and meanest affairs of life. A detective policeman discovers a burglar from the marks made by his shoe, by a mental process identical with that by which Cuvier restored the extinct animals of Montmartre from fragments of their bones.”
—Thomas Henry Huxley (1825–95)
“This is the day when people reciprocally offer, and receive, the kindest and the warmest wishes, though, in general, without meaning them on one side, or believing them on the other. They are formed by the head, in compliance with custom, though disavowed by the heart, in consequence of nature.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)