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27 Jan 2020, 5:26 pm by Ben Vernia
  Encompass Health Corporation (formerly known as HealthSouth Corporation), the nation’s largest operator of inpatient rehabilitation facilities (IRFs), paid $48 million to resolve allegations that some of its IRFs provided inaccurate information to Medicare to maintain their status as an IRF and to earn a higher rate of reimbursement, and that some admissions to its IRFs were not medically necessary. [read post]
24 Jan 2020, 10:24 am by luiza
Encompass Health – In June 2019, Encompass Health Corporation (formerly known as HealthSouth Corporation), the nation’s largest operator of inpatient rehabilitation facilities (IRFs), agreed to pay $48 million to resolve False Claims Act allegations in three separate whistleblower complaints that some of its IRFs provided inaccurate information to Medicare to maintain their status as an IRF and to earn a higher rate of reimbursement, and that some admissions to… [read post]
12 Jul 2019, 2:00 am by Doug Cornelius
A company with such conditions could become the lead scandal in tomorrow’s news just like Theranos, Enron, WorldCom, Adelphia, HealthSouth, and others (name your favorite). [read post]
2 Jul 2019, 5:46 pm by Ben Vernia
On July 2, the Department of Justice announced that Encompass Health Corp. has agreed to pay $48 million to settle allegations brought in three qui tam suits Encompass Health Corporation (formerly known as HealthSouth Corporation), the nation’s largest operator of inpatient rehabilitation facilities (IRFs), has agreed to pay $48 million to resolve allegations that some of its IRFs provided inaccurate information to Medicare to maintain their status as an IRF and to… [read post]
2 Jul 2019, 2:30 am by Tinker Ready
The Department of Justice announced last week that Encompass Health Corporation, formerly known as HealthSouth Corporation, has agreed to pay $48 million to resolve allegations that it was enrolling patients in its program and charging Medicare whether they would benefit from rehab or not. [read post]
29 Jan 2018, 11:28 pm by Kevin LaCroix
The closing of the merger was to be conditioned upon a mutual exchange of opinion letters from each corporation’s attorneys as well as “comfort letters” from each corporation’s accountants. [read post]
4 Oct 2017, 4:22 pm by Kevin LaCroix
And that is not even counting the $2.876 billion judgment entered in June 2009 against Richard Scrushy in the HealthSouth shareholders’ derivative lawsuit, or the $1.263 billion award in the Southern Peru Copper Corporation Shareholder Derivative Litigation. [read post]
13 Apr 2015, 8:00 am by Gregory J. Brod
”  In addition to the payment, HealthSouth agreed to a five-year corporate integrity agreement. [read post]
Scandals at firms such as Enron and HealthSouth fractured this foundation and motivated market participants to ask why executives and other employees at these firms misled investors. [read post]
5 Dec 2014, 3:53 am by Kevin LaCroix
  Another peculiar point of reference is the $1.262 billion judgment that Chancellor Leo Strine entered in October 2011 the Southern Peru Copper Corporation Shareholder Derivative Litigation (about which refer here). [read post]
21 Jul 2014, 8:00 am by Liz Kramer
June 13, 2014).In Tucker, shareholders of HealthSouth Corporation (in the name of the company) asserted claims against HealthSouth’s accountants, Ernst & Young, alleging that E&Y should have discovered accounting fraud at HealthSouth. [read post]
3 Sep 2013, 1:38 am by Kevin LaCroix
Every fall, I take a step back and survey the most important current trends and developments in the world of Directors’ and Officers’ liability and D&O insurance. [read post]
23 Apr 2013, 2:02 am by Kevin LaCroix
The company also agreed to tighten oversight of the company’s operations and to establish a whistleblower hotline, as well as other corporate therapeutics. [read post]
7 Jan 2013, 6:32 am by Jonathan Rosenfeld
Collection Of Nursing Home Judgments May Prove Impossible When Assets Are Shielded Behind Complex Corporate Structures [read post]
23 Apr 2012, 12:06 pm by Mandelman
  And Enron was the corporate Titanic, that along with Tyco, HealthSouth, Adelphia, WorldCom, Arthur Andersen and a myriad of others, had led us to Sarbanes Oxley, a bill that was sure to signal the end of American business… until it didn’t. [read post]
17 Oct 2011, 1:26 am by Kevin LaCroix
(After the events involved in this lawsuit, Southern Peru changed its name to Southern Copper Corporation. [read post]
Just over one quarter of the cases represent many of the well-publicized examples of corporate fraud including Adelphia, Enron, Healthsouth, and Tyco. [read post]
16 Jul 2011, 5:10 am by Gregory Dell
Disability Blog & Cases: Cigna denies disability benefits to former Healthsouth Corporation nurse after paying for 11 years In Susan Sheehan Vs Cigna Group, Life Insurance Company of North America, a Massachusetts disability attorney filed a lawsuit at the District Court District Of Massachusetts claiming that the giant disability insurance company Cigna Group (Cigna), had contravened the provisions of the Employment Retirement Income Security Act (ERISA) in its handling of a… [read post]
5 Jun 2011, 9:16 pm by Site Administrator
HealthSouth accounting scandal: One of the largest comprehensive rehabilitative services companies in the country, HealthSouth had been suspected of unethical financial practices since its emergence in the late ’80s. [read post]
11 May 2011, 2:43 pm
[JURIST] The US Court of Appeals for the Eleventh Circuit [official website] on Tuesday reversed two bribery charges [opinion, PDF] against former Alabama governor Don Siegelman [personal profile; JURIST news archive] and former HealthSouth [corporate website] CEO Richard Scrushy [JURIST news archive] and remanded the case for re-sentencing. [read post]