Health Law RX
JANUARY 30, 2024
By maintaining a robust compliance program, healthcare companies are better able to identify potential red flags early and to prevent violations of fraud and abuse laws. But robust pre-closing due diligence is not always practicable. Gandle, for her contribution to this blog post.
Hall Render
NOVEMBER 1, 2023
This Safe Harbor Policy (“Policy”) is aimed at incentivizing acquiring companies to identify and timely disclose misconduct discovered during the due diligence and post-acquisition integration process. Transactions that might have been abandoned or restructured due to the discovery of misconduct can now potentially move forward.
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Healthcare Law Blog
APRIL 3, 2023
These concerns come about as part of an evolving emphasis by the government on preventing fraud and abuse in health care. Participants also discussed the use of the False Claims Act (“FCA”) as a tool for healthcare fraud enforcement. On March 25, 2021, the U.S. The case ultimately settled, with the PE firm paying $1.5
Verisys
JULY 20, 2023
3: Allowing a physician to treat patients before credentialing is completed Courts have held hospitals liable when a physician falsifies credentials, and the hospital fails to do its due diligence in verifying them. Therefore, due diligence requires background checks to identify current and historical adverse actions.
Verisys
JULY 27, 2023
Backed by FACIS ® ( Fraud Abuse Control Information System ), the most comprehensive data platform in the healthcare industry, the accuracy of Verisys’ screening, verification, and monitoring services exceeds the standard set by the Office of Inspector General (OIG). Verisys was created over 30 years ago to address this very issue.
Verisys
JULY 5, 2023
That is, until there is a fine, civil monetary penalty, or public lawsuit caused by patient negligence or fraud. Verisys performs verification and due diligence on all possible matches identified through the screening process to determine true and correct matches. Verisys was created over 30 years ago to address this very issue.
Healthcare Law Blog
FEBRUARY 2, 2023
We commonly see definitions of “Fraud”, “Debt”, “Knowledge”, “Loss” and “Material Adverse Effect” (as well as “Fundamental Representations” and “Specified Representations”, as noted above) specified in LOIs or in schedules thereto. Schedule certain defined terms. Define purchase price adjustments.
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