Apnimed Secures Up to $150 Million to Support Planned Commercial Launch of AD109
The financing will fund commercial readiness for the investigational oral obstructive sleep apnea therapy ahead of an anticipated new drug application.
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Philips to Pay $1.1 Billion in US Settlement Over Sleep Apnea Devices
The company anticipates the settlement will resolve all personal injury and medical monitoring claims related to its June 2021 recall.
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Pear Files for Bankruptcy
Pear Therapeutics, the company behind Somryst, is not accepting new prescriptions for its products, nor will refills be dispensed at this time, according to a statement on the company’s website.
Read MoreEuropean Commission Fines Teva & Cephalon for Delaying Entry of Generic Modafinil
The commission investigation has found that for several years, this “pay-for-delay” agreement eliminated Teva as a competitor and allowed Cephalon to continue charging high prices even if the main modafinil patent had long expired.
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You Can No Longer Sign Patients Up for Deferred Interest Medical Credit Cards in California
Effective this July, sleep subspecialists and dental sleep medicine practitioners can no longer give patients pre-filled applications or in any way help patients sign up for CareCredit or similar cards in their offices.
Read MoreResMed to Pay $37.5 Million to Settle False Claims Act Violation Allegations
ResMed Corp has agreed to pay more than $37.5 million to resolve False Claims Act violation allegations. ResMed denies that it violated the law. The US Department of Justice (DOJ) alleged that ResMed paid kickbacks to durable...
Read MoreWithout Determining Liability, Jazz Pharmaceuticals Agrees to Pay $57 Million to Resolve US Government Allegations that It Paid Kickbacks Through Copay Assistance Foundation
Jazz Pharmaceuticals plc has agreed to pay $57 million to resolve allegations it violated the False Claims Act by illegally paying the Medicare or Civilian Health and Medical Program (ChampVA) copays for its own products,...
Read MoreOIG Report Claims Massive Compliance Issues with CPAP Supplies
On the Industry Matters podcast, Wayne van Halem and Ronda Buhrmester discuss a recent OIG report which paints a bad picture for CPAP related billing claims.
Read MoreBay Sleep Clinic, Related Entities Agree To Pay The United States $2.6 Million To Settle False Claims Act Allegations
Bay Sleep Clinic, its related businesses—Qualium Corporation and Amerimed Corporation—and their owners and operators, Anooshiravan Mostowfipour and Tara Nader have agreed to pay $2.6 million to settle allegations that they...
Read MoreMGC Diagnostics Settles Litigation with NeuroVirtual, Also Announces Early Repayment of Debt
MGC Diagnostics Corporation has resolved pending litigation with neurology and sleep diagnostics equipment manufacturer NeuroVirtual regarding a disputed distribution agreement. As a result of negotiations between MGC...
Read MorePhilips Respironics to Pay $34.8 Million for Allegedly Causing False Claims
Philips Respironics Inc has agreed to pay $34.8 million to resolve alleged False Claims Act violations for paying kickbacks in the form of free call center services to durable medical equipment (DME) suppliers that bought its...
Read MoreInsomnia Becoming Chronic in Nepal
The earthquake and the Indian blockade are partly to blame for the prevalence of a sleep disorder in Nepal, reports My Republica. “This problem has increased significantly in the recent years,” said Professor Saroj...
Read MoreConnecticut DME Pays $600,000 to Settle False Claims Act Allegations
United States Attorney Deirdre M. Daly and Connecticut Attorney General George Jepsen announced that J&L Medical Services has entered into a civil settlement agreement with the federal and state governments in which it will...
Read MoreSleep Therapy Company to Pay $852,378 to Settle False Claims Act Allegations
North Atlantic Medical Services Inc (NAMS), doing business as Regional Home Care Inc, has agreed to pay $852,378 to resolve allegations that it violated the False Claims Act by submitting claims to Medicare and Medicaid for...
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Sleep Telemedicine Legal Tips and Traps
Telemedicine is an emerging tool for sleep medicine practitioners to reach and engage with patients. Unfortunately, telemedicine practitioners use of 21st century technologies are sometimes limited to medical practice laws and regulations modeled on 20th century healthcare methods. Here are some legal dos and don’ts to consider when adopting telemedicine.
Read MoreUS Settles False Claim Allegations Against Florida Sleep Clinic, Two Physicians
The United States has formally settled part of, and joined in part of, a lawsuit brought by a whistle-blower that alleges a Northeast Florida-based sleep clinic intentionally billed the government for millions of dollars of...
Read MoreSleep Therapy Firm Finds Financial Transparency and Solid Training Lead to Better Compliance, Lower Costs
Lack of sleep is expensive. According to Eric Cohen, co-founder and president of National Sleep Therapy (NST), the annual cost to employers in lost productivity, accidents, and medical expenses is estimated at $60 billion. The...
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