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Stock impact report

Physicians groups resolve U.S. patient referral probe for over $33 million [Reuters (UK)]

ENVISION HEALTH CARE HOLDINGS (EVHC) 
Last envision health care holdings earnings: 8/6 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.evhc.net
Company Research Source: Reuters
Physicians groups resolve U.S. patient referral probe for over $33 million | Reuters 3 Min Read (Reuters) - Two physicians groups including one operated by Envision Healthcare Corp will pay over $33 million to resolve claims they received illegal inducements to refer patients to a hospital operator’s facilities, the U.S. Justice Department said on Tuesday. EmCare Inc, a Dallas-based subsidiary of Envision, will pay $29.6 million while Physicians’ Alliance Ltd, whose doctors recently joined Penn State Health, will pay at least $4 million under the terms of separate settlement agreements. Both accords resolve claims the physicians groups received illegal payments and consideration in exchange for referring patients to hospitals owned by Health Management Associates Inc (HMA) before Community Health Systems Inc acquired it in 2014. The Justice Department said that from 2008 to 2012, HMA made bonus payments to EmCare doctors and tied EmCare’s contracts for staffing its hospitals to increa Show less Read more
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