The president of a California-based medical technology company was charged in a complaint unsealed today in the Northern District of California, in connection with his alleged participation in schemes to mislead investors, to manipulate the company's stock price and to conspire to commit health care fraud in connection with the submission of over $69 million in false and fraudulent claims for allergy and COVID-19 testing.”
“LAS VEGAS, Nev. - Today, U.S. Attorney Nicholas A. Trutanich and Nevada Attorney General Aaron D. Ford announced the formation of the Nevada COVID-19 Task Force. The Task Force is comprised of local, state and federal investigators and prosecutors with significant experience in handling complaints and cases related to general fraud, heath care fraud, Medicaid fraud, insurance fraud, workers' compensation fraud and cybercrime, among others. Together, they will share information and resources to protect Nevadans from those using the COVID-19 pandemic to take advantage of consumers.”
Get ready to see a lot of these stories for a long time, folks.
The COVID public health emergency has cost the US government (and taxpayers) 6 trillion dollars in funding to prevent a health and economic disaster.
Because the amount of money is incredibly large, enforcement agencies promised to “follow the money” in their efforts to crack down on non-compliance harder than ever. And folks, they’re doing it.
Enforcement agencies in the US are prepped, strong, and ready to get their audits on. They’re leaving no stone unturned, no organizations unchecked, no compliance officers unstressed.
Get ready, because they’re coming. The Department of Justice has announced enforcement activity against organizations and physicians who ordered additional, medically unnecessary add-on tests such as genetic, allergy, and respiratory pathogen testing. Specialized task forces are being formed and ready to track down folks who have taken advantage of consumers during the pandemic.
But have no fear, or at least have less fear, because there are ways to protect your organization.
Knowledge is power. Vigilance is essential. Make sure your compliance program hasn’t slipped into hibernation on these issues. Minimize your risks and simplify your program by utilizing effective compliance program software.
Join us for this free webinar, with compliance expert CJ Wolf and co-host Remo Peshkepia, to see for yourself how compliance software can help protect your organization in this new environment of COVID enforcement through:
- Incident Reporting and Investigation
- Incident Management and Corrective Action
- Training and Strengthening Compliance