In February 2023, the DOJ reported its annual False Claims Act statistics for recoveries resulting from civil settlements and judgments in FY22. Learn more.
Bennett Thrasher, one of the largest and fastest-growing certified public accounting and consulting firms in the country, is pleased to announce that it has been recognized in two categories of the Daily Report’s Best of 2022 Reader Survey. The firm was voted the #1 in the category of Business Accounting and recognized as one of the Top Three Full-Service Accounting Firms.
In the height of the COVID-19 pandemic, the Secretary of the Department of Health and Human Services decided to waive many of the restrictions found in the Physician Self-Referral Law, more commonly known as the Stark Law. The primary intent of the waivers was to increase access to healthcare for those who needed it most due to COVID-19.
The amount of people making money playing esports like Fortnight, League of Legends, Rocket League, Smite, Halo, CS:GO or content creating via Twitch, YouTube, Azubu, etc. continues to grow at an extraordinary pace. According to a recent article on dotesports.com, the payout for the top 50 streamers from August 2019 to October 2021 was around $1 million a year to $10 million a year.
Chris Roane, Director in Bennett Thrasher’s Dispute Resolution & Forensics practice, recently co-authored an article for the American Health Law Association on the performance of IRO Arrangements Reviews as it relates to Corporate Integrity Agreements (CIA). Chris and fellow article author Jeffrey Wilson, SVP and General Counsel for Lexington Medical Center discussed the core requirements of CIAs and some tips for effectively navigating IRO Arrangements Reviews.
Robinhood Markets, Inc. has been in the news recently for a variety of reasons, and on July 28, 2021, the company made headlines again, this time for its initial public offering (IPO). While the IPO itself was noteworthy, what was maybe more attention grabbing was the fact that Robinhood’s registration statement (Form S-1), filed with the U.S. Securities and Exchange Commission prior to its IPO, included over 75 pages of risks and uncertainties to be considered by investors.
Bennett Thrasher, one of the largest and fastest-growing certified public accounting and consulting firms in the country, is pleased to announce that it has been recognized in four categories of the Daily Report’s Best of 2021 Reader Survey.
In January 2021, the U.S. Department of Justice (“DOJ”) reported its annual False Claims Act (“FCA”) statistics for recoveries resulting from civil settlements and judgements in fiscal year (“FY”) 2020 (October 1, 2019 – September 30, 2020). The FCA is the DOJ’s most powerful tool in combating false claims submitted to the government by individuals and companies. Most FCA cases brought by the government target those that operate in the healthcare industry.
The Association of Certified Fraud Examiners reports that fraud committed by employees against their employer creates approximately $7 billion in losses each year. While it is unlikely for corporate fraud victims to recover these losses, companies can implement measures to better protect themselves. Sunrise Banks recently published an article on how to prevent occupational fraud. In the article, Chris Roane, Senior Manager in Bennett Thrasher’s Dispute Resolution & Forensics practice, explains how small businesses are more susceptible to these cases.
It is no secret that healthcare regulatory compliance is front and center in the eyes of the United States Department of Justice (DOJ), the Department of Health and Human Services – Office of Inspector General (OIG) and the Centers for Medicare and Medicaid Services (CMS).