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Tag: Lincare


News

In brief: Lincare settles allegations, OM posts increase, ONeal Medical drops DME

February 21, 2024HME News Staff

NEW YORK – Lincare will pay $25.5 million to resolve claims that it violated the False Claims Act by fraudulently continuing to bill federal health care programs for the rental of non-invasive ventilators that patients no longer needed or used.    The settlement also resolves claims that Lincare violated the Anti-Kickback Statute by waiving coinsurance payments to induce certain Medicare and Tricare beneficiaries to rent NIVs.  As part of the settlement, Lincare also...

Lincare, Oneal Medical, WellSky Foundation


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Providers

Lincare settles FCA allegations

February 19, 2024HME News Staff

NEW YORK – Lincare will pay $25.5 million to resolve claims that it violated the False Claims Act by fraudulently continuing to bill federal health care programs for the rental of non-invasive ventilators that patients no longer needed or used.    The settlement also resolves claims that Lincare violated the Anti-Kickback Statute by waiving coinsurance payments to induce certain Medicare and Tricare beneficiaries to rent NIVs.  As part of the settlement, Lincare also...

Lincare, Non-invasive ventilators


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News

In brief: Teufel’s new job, FDA’s new warning, Joerns’ new direction 

December 1, 2023HME News Staff

NASHVILLE, Tenn. — National Seating & Mobility has named Crispin Teufel, who served as CEO of Lincare Holding for five years, as its CEO.  Teufel replaces Chuck Bodner, who had been serving as interim CEO. Bodner will continue in his role as CFO.  “I am honored to take on the role of CEO at NSM,” Teufel said. “The passion and perseverance of the NSM team is evidenced by the company’s continued success. I am proud to support the NSM team in further advancing...

CPAP, Crispin Teufel, DreamStation 2, Joerns, Lincare, National Seating & Mobility (NSM), Philips


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Crispin Teufel

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Lincare, Teufel settle lawsuit

November 30, 2023HME News Staff

CLEARWATER, Fla. – A federal judge in Connecticut on Nov. 29 approved a stipulated permanent injunction between Lincare and former CEO Crispin Teufel.  The injunction bans Teufel, who left the company in June to become the CEO of AdaptHealth, and any associates from neither using, distributing nor relying upon confidential data or trade secrets he may have obtained from Lincare or Linde in any future endeavors.    The deal was entered into "without any admission...

Crispin Teufel, Lincare


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In brief: Vivos picks Lincare, industry wins in GA, Belluscura tries DTC

October 27, 2023HME News Staff

LITTLETON, Colo. – Vivos Therapeutics, a medical technology company that makes oral appliances for patients suffering from mild-to-moderate obstructive sleep apnea and snoring in adults, has signed a distribution agreement with Lincare.  The agreement follows a successful a distribution pilot with Lincare and marks an important milestone in Vivos’ strategy to engage with leading durable medical equipment companies in the United States. Lincare will have a six-month exclusive deal...

CAIRE, Lincare, Vertess, Vivos


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Vivos announces deal with Lincare

October 25, 2023HME News Staff

LITTLETON, Colo. – Vivos Therapeutics, a medical technology company that makes oral appliances for patients suffering from mild-to-moderate obstructive sleep apnea and snoring in adults, has signed a distribution agreement with Lincare.  The agreement follows a successful a distribution pilot with Lincare and marks an important milestone in Vivos’ strategy to engage with leading durable medical equipment companies in the United States. Lincare will have a six-month exclusive deal...

Lincare, Oral appliance, Sleep Apnea, Vivos


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Crispin Teufel

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AdaptHealth, Teufel part ways

September 20, 2023HME News Staff

PLYMOUTH MEETING, Pa. – AdaptHealth and Crispin Teufel have agreed to terminate Teufel’s employment contract.  The company had appointed Teufel as CEO in June, with a start date of Sept. 1, but he was sued in August by former employer Linde, which was seeking to block his appointment for an unspecified time. In the lawsuit, Linde alleged breach of contract, breach of duty of loyalty and misappropriation of trade secrets.   In a filing in late August with the U.S....

AdaptHealth, Crispin Teufel, Lincare, Linde


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In brief: Rotech’s possible sale, Lincare’s TRO, Medicare’s $736K wheelchair

September 1, 2023HME News Staff

ORLANDO, Fla. – Rotech Healthcare is said to be exploring a possible sale, according to online news reports.  Rotech is said to have tapped investment bank Jefferies Financial Group to advise on its sale process, which could value the company at $1.5B.   In July 2021, the company filed for an initial public offering of up to $100 million in July 2021, with plans to list on the Nasdaq under the symbol ROTK, but paused those plans in 2022, to await more favorable market conditions,...

Aeroflow, Crispin Teufel, Lincare, Rotech Healthcare


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In brief: Lincare settlement, value-based vs. fee-for-service, Beyond HME COO

August 30, 2023HME News Staff

SPOKANE, Wash. – Lincare has agreed to pay $29 million to resolve claims that it violated the False Claims Act by overbilling Medicare and Medicare Advantage, according to a press release from Vanessa Waldref, the United States Attorney for the Eastern District of Washington.  The settlement requires Lincare to refund wrongful payments made by Medicare beneficiaries and sets up accountability measures to prevent future fraudulent billing.  In the settlement announced Aug....

Beyond HME, Lincare, Value-Based Care


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Crispin Teufel

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Court grants TRO, delaying Teufel’s start date

August 30, 2023HME News Staff

PLYMOUTH MEETING, Pa. – Crispin Teufel won't take the reins as AdaptHealth’s new CEO until at least October amid efforts by his former employer to block the move, according to online news reports. In a filing with the U.S. Securities and Exchange Commission, AdaptHealth said a U.S. District Court issued a temporary restraining order preventing Teufel from starting his employment with AdaptHealth until Oct. 15. Lincare filed a lawsuit in Connecticut district court against Teufel,...

AdaptHealth, Crispin Teufel, Lincare


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