VITAS maintains relationships with suppliers such as pharmacies, ambulance services, and medical equipment companies, which may refer patients to VITAS and receive referrals in return. The company seeks regulatory guidance to ensure compliance with anti-kickback laws and generally believes its contracts do not violate these laws, although it cannot guarantee how future interpretations may apply. VITAS also addresses HIPAA anti-fraud provisions and monitors enforcement actions by the Office of Inspector General related to healthcare fraud, including hospice-related audits and reviews. In 2017, VITAS entered into a settlement agreement with the Department of Justice concerning False Claims Act litigation and subsequently agreed to a corporate integrity agreement to enhance compliance with federal healthcare program requirements.
Chemed's Comment on Supply Chain
VITAS maintains relationships with suppliers such as pharmacies, ambulance services, and medical equipment companies, which may refer patients to VITAS and receive referrals in return. The company seeks regulatory guidance to ensure compliance with anti-kickback laws and generally believes its contracts do not violate these laws, although it cannot guarantee how future interpretations may apply. VITAS also addresses HIPAA anti-fraud provisions and monitors enforcement actions by the Office of Inspector General related to healthcare fraud, including hospice-related audits and reviews. In 2017, VITAS entered into a settlement agreement with the Department of Justice concerning False Claims Act litigation and subsequently agreed to a corporate integrity agreement to enhance compliance with federal healthcare program requirements.
Sources:
Chemed Corporation's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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