Tag: Chapter 11 Bankruptcy
Judge rules against whistleblowers in Liberty case
February 12, 2014HME News Staff
WILMINGTON, Del. - A bankruptcy judge has disallowed several whistleblower claims in Liberty Medical Supply's Chapter 11 bankruptcy case.Former employees Deborah Loveland and Lucas Matheny had alleged that Liberty received millions in overpayments from Medicare and Medicaid, which it never repaid, and covered up it all up by tampering with data, according to Law360.U.S. Bankruptcy Judge Peter Walsh ruled that Loveland and Matheny provided no proof of a false record or statement, no proof that Liberty...
Rotech envisions 'solid future'
March 22, 2013Theresa Flaherty, Managing Editor
ORLANDO, Fla. - Rotech Healthcare plans to emerge from bankruptcy protection a stronger company with an eye toward “aggressive” growth, says President and CEO Steven Alsene.“It's a game changer for the company,” he said. “We are very enthused and looking forward to a solid future.”On March 15, the provider announced plans to file for Chapter 11 bankruptcy protection. Rotech has struggled with debt—currently at $543.5 million—since 2002, when it was...