Tag: Lincare
In brief: FTC scrutinizes PBMs – again, Lincare settles, Cardinal breaks ground
January 17, 2025HME News Staff
WASHINGTON – The Federal Trade Commission has published a report that found pharmacy benefit managers Caremark Rx LLC (CVS), Express Scripts and OptumRx marked up numerous specialty generic drugs by hundreds or thousands of percent.
The report, the second produced by the FTC, focused on PBMs influence over specialty generic drugs, including significant price markups by PBMs for cancer, HIV and a variety of other critical drugs.
“The FTC staff’s second interim...
Lincare settles Medicaid investigation
January 14, 2025HME News Staff
OLYMPIA, Wash. - The Washington state Attorney General’s Office has announced that Lincare has agreed to pay $1.15 million for allegedly overbilling Medicaid for rental oxygen equipment.
The state, based on an investigation by its Medicaid Fraud Control Division, alleges that Clearwater, Fla.-based Lincare, which has a billing office in Spokane Valley to manage its operations in the Pacific Northwest, knowingly billed rental fees beyond the three years allowed in more than 15 instances...
Providers say Lincare allegations are ‘infuriating’
December 6, 2024Theresa Flaherty, Managing Editor
YARMOUTH, Maine – Providers still bruised by the Philips recall say allegations that Lincare received 20,000 replacement CPAP devices and then turned around and used them for new patients instead of existing patients adds insult to injury.
The allegations were published by ProPublica, a nonprofit investigative journalism organization, in a Nov. 13 article.
“During a time when the rest of us were drowning and Philips couldn’t give us any machines, Lincare capitalized...
Leaders urge industry to pull together and ‘push back’
October 25, 2024Theresa Flaherty, Managing Editor
PORTLAND, Maine – The 20th annual HME News Business Summit brought together business leaders for a frank discussion on the strides the industry has made and the work that still lies ahead.
“The industry has made some strides with data and having the ability to capture those numbers took a big leap forward in the last three years,” said Casey Hoyt, CEO of Viemed Healthcare. “Creating events like this, sharing ideas is (good for the industry). We want to see more access...
Jeff Barnhard commits to aligning industry’s message
June 28, 2024Theresa Flaherty, Managing Editor
WASHINGTON – Jeff Barnhard says he will bring a broad perspective to his new role as chairman of the Council for Quality Respiratory Care, thanks to a resume that includes roles at providers big and small.
“What I’ve seen that’s been common throughout all those different roles is there’s always a drive for patient care and patient excellence in care,” said Barnhard, who was named CEO of Lincare in 2023 and who previously worked at Praxair. “We continue...
In brief: CMS to end CHOPD, Lincare CEO to lead CQRC
June 19, 2024HME News Staff
WASHINGTON – CMS has announced that payments under the Accelerated and Advance Payment (AAP) Program for the Change Healthcare/Optum Payment Disruption (CHOPD) will conclude on July 12, 2024.
Launched in early March, the CHOPD payments were designed to ease cash flow disruptions experienced by some Medicare providers and suppliers, such as hospitals, physicians and pharmacists, due to the unprecedented cyberattack that took health care electronic data interchange Change Healthcare...
CQRC names Lincare CEO as new chairman
June 17, 2024HME News Staff
WASHINGTON – The Council for Quality Respiratory Care recently named Jeff Barnhard, CEO of Lincare, as chairman of the board. “It is an honor to serve as the next chairman of CQRC,” said Barnhard. “In this role, I look forward to advocating for reforms to protect the delivery of care to home respiratory patients and the stability of our profession. I am excited to engage with stakeholders across our diverse community to promote a greater understanding of our patient population...
In brief: Lincare settles allegations, OM posts increase, ONeal Medical drops DME
February 21, 2024HME News Staff
NEW YORK – Lincare will pay $25.5 million to resolve claims that it violated the False Claims Act by fraudulently continuing to bill federal health care programs for the rental of non-invasive ventilators that patients no longer needed or used.
The settlement also resolves claims that Lincare violated the Anti-Kickback Statute by waiving coinsurance payments to induce certain Medicare and Tricare beneficiaries to rent NIVs.
As part of the settlement, Lincare also...
Lincare settles FCA allegations
February 19, 2024HME News Staff
NEW YORK – Lincare will pay $25.5 million to resolve claims that it violated the False Claims Act by fraudulently continuing to bill federal health care programs for the rental of non-invasive ventilators that patients no longer needed or used.
The settlement also resolves claims that Lincare violated the Anti-Kickback Statute by waiving coinsurance payments to induce certain Medicare and Tricare beneficiaries to rent NIVs.
As part of the settlement, Lincare also...
In brief: Teufel’s new job, FDA’s new warning, Joerns’ new direction
December 1, 2023HME News Staff
NASHVILLE, Tenn. — National Seating & Mobility has named Crispin Teufel, who served as CEO of Lincare Holding for five years, as its CEO.
Teufel replaces Chuck Bodner, who had been serving as interim CEO. Bodner will continue in his role as CFO.
“I am honored to take on the role of CEO at NSM,” Teufel said. “The passion and perseverance of the NSM team is evidenced by the company’s continued success. I am proud to support the NSM team in further advancing...