Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 ArthroCare CEO Resigns - Medical Product Outsourcing

ArthroCare CEO Resigns

The resignation came after an internal audit found double billing of insurance companies.

Medical device maker ArthroCare Corp. recently received the resignations of Mike Baker, CEO, and two other top company executives, after an internal audit found double billing of insurance companies.
 
The Austin American-Statesman reported the Austin, Texas-based medical device company was under investigation by the U.S. Securities and Exchange Commission and U.S. attorney’s offices in Florida and North Carolina over insurance billing and other practices, particularly with the company’s spine unit and its connection with DiscoCare, a Florida insurance firm whose only customer is ArthroCare.
 
The company’s audit also revealed inaccurate claims and an alleged pattern by doctors of using false coding to promote higher reimbursements by insurance companies and federal agencies.

Add us as a preferred source on Google

Get the latest Medical Product Outsourcing news, insights and analysis in your Google Search and AI experiences.

Keep Up With Our Content. Subscribe To Medical Product Outsourcing Newsletters