What you should know:
1. Traverse was accused of fraud by two former employees who filed a whistleblower complaint. They’ll receive a cut of the money for their efforts.
2. The complaint alleged TAA instructed employees to alter time charts to increase billable hours, and that TAA physicians annotated and back-signed records to falsely indicate compliance with mandatory billing requirements.
3. TAA is making the payments through an “economic settlement.” A lawyer for TAA said the settlement was cheaper than fighting the suit to prove its innocence.
4. The payment will close the case. There will be no determination of guilt.
More articles on surgery centers:
Dr. Ravi Bashyal: Key trends in outpatient knee, hip surgery
Orthopedic surgeon joins staff at the Steadman Clinic
3 orthopedics-focused ASCs that opened or expanded in September
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
