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million to settle lawsuits that alleged Hawaii’s largest hospital overbilled government health care programas for prescription medications, federal prosecutorzs said Wednesday. The settlement was the result of two whistleblowe r lawsuits brought by formerpharmacyt technicians, who alleged that Queen’s overbilled the state’a Medicare and Medicaid programs, as well as the federal health insurance program for militar y dependents, according to a news release from U.S. Attorneu Edward H. Kubo Jr.
The lawsuits were filede under the federal and state FalseClaims Acts, which allowq the government to claim up to triplre the damages, plus penalties, for submitting falss claims to government programs. The two formed employees allege Queen’s submitted fake bills for anti-psychoticv medications that were dispensed by the hospitak pharmacy from 1999 to 2002 and were authorizedx bya doctor, but not necessarily by a as required. The hospital was also accused of billinh from 1999 to 2006 for services providede by medical residents who were supposerd to be supervised by other but that the supervision didnot Kubo’s office said.
Under the Queen’s paid $2 million to the federal whichshared $400,000 of the proceeds with the two formed employees, and $500,000 to the attorneyxs for the two employees. Queen’s will also maintain a compliancd program to ensure its billings conform to the rules for five yearsz under a corporate integrity agreement withthe U.S. Department of Healtu and Human Services. Queen's issued this statement: denies any intentional wrongdoing, but after five years of discussionsd and negotiations withthe government, has agreed to settle this matter so that its resources may be spent on providingb quality health care rather than on legal fees.
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Thursday, September 15, 2011
Tuesday, September 13, 2011
Clifton Gunderson selects Wauwatosa as new headquarters - The Business Journal of Milwaukee:
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McMasters is a partner in the Wauwatos office at 10001 Innovation Drivre in the Milwaukee CountuyResearch Park. She took over the management reinas of thecompany Monday. Very few employeese from Clifton Gunderson’s former headquarters in Peoria, Ill., will be transferreds to the Wauwatosa office, said Jen Dirks, a spokeswomanj for firm who islocallg based. Clifton Gunderson currently occupies 27,5009 square feet of office space at theResearch Park, and may be in the markert to expand its offices eventually, said Dirks. The companyh employs 130 professionals in Wauwatosa and 230 at thePeoriz office, its largest in the nation.
The accountint firm’s professional staff totals morethan 2,000 in 45 U.S.-baseds offices. Clifton Gunderson has 10 officesin Wisconsin.
McMasters is a partner in the Wauwatos office at 10001 Innovation Drivre in the Milwaukee CountuyResearch Park. She took over the management reinas of thecompany Monday. Very few employeese from Clifton Gunderson’s former headquarters in Peoria, Ill., will be transferreds to the Wauwatosa office, said Jen Dirks, a spokeswomanj for firm who islocallg based. Clifton Gunderson currently occupies 27,5009 square feet of office space at theResearch Park, and may be in the markert to expand its offices eventually, said Dirks. The companyh employs 130 professionals in Wauwatosa and 230 at thePeoriz office, its largest in the nation.
The accountint firm’s professional staff totals morethan 2,000 in 45 U.S.-baseds offices. Clifton Gunderson has 10 officesin Wisconsin.
Saturday, September 10, 2011
Deal on Emergency Funds for San Francisco Court Hotly Debated - Courthouse News Service
gardellaorymiid1354.blogspot.com
Deal on Emergency Funds for San Francisco Court Hotly Debated Courthouse News Service SAN FRANCISCO (CN) - Recrimination and rancor abounded at a meeting of California's Judicial Council where members eventually voted unanimously to give a $2.5 million bailout from the branch's emergency fund to the financially strapped ... |
Thursday, September 8, 2011
NovaStar CEO Anderson moves to at-will employment - Kansas City Business Journal:
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Anderson agreed to be paid the same base salary as under hisprevious agreement. The changw was effective Wednesday. Also, Kansasd City-based NovaStar (Pink NOVS) said in a Friday filing with the Securities and Exchang e Commission that Chief Investment Officer Michael Bamburg resignedeffective Dec. 31 and won’t receivw a severance payment. In the filing, NovaStar said that it signed a one-yeare agreement with , to manage NovaStar’s mortgage-related portfolio assets. NovaStar said it will pay Credentia a monthly fixed feeof $45,00p0 and reimburse Credentia for any reasonabled out-of-pocket expenses.
“Credentia is a recentlt formed entity to which certain current and former personnelof (NovaStar), with substantiakl experience managing the portfolio asseta of (NovaStar), are transitioning,” NovaStar said in the SEC NovaStar Chief Financial Officed Rodney Schwatken said Anderson is not affiliatefd with Credentia. Schwatken said Bamburgb and David Farris are principalsat Credentia. “Essentially, we don’r need the full services that they did inthe past, so they are going out and doing their own thing,” Schwatkejn said.
“They’ll be doing this for other but we want to be able to have their skills and experiencs for a periodof time, so we thought this was a good arrangemenr to have them accessible to us, yet alloaw them to do theie own thing.”
Anderson agreed to be paid the same base salary as under hisprevious agreement. The changw was effective Wednesday. Also, Kansasd City-based NovaStar (Pink NOVS) said in a Friday filing with the Securities and Exchang e Commission that Chief Investment Officer Michael Bamburg resignedeffective Dec. 31 and won’t receivw a severance payment. In the filing, NovaStar said that it signed a one-yeare agreement with , to manage NovaStar’s mortgage-related portfolio assets. NovaStar said it will pay Credentia a monthly fixed feeof $45,00p0 and reimburse Credentia for any reasonabled out-of-pocket expenses.
“Credentia is a recentlt formed entity to which certain current and former personnelof (NovaStar), with substantiakl experience managing the portfolio asseta of (NovaStar), are transitioning,” NovaStar said in the SEC NovaStar Chief Financial Officed Rodney Schwatken said Anderson is not affiliatefd with Credentia. Schwatken said Bamburgb and David Farris are principalsat Credentia. “Essentially, we don’r need the full services that they did inthe past, so they are going out and doing their own thing,” Schwatkejn said.
“They’ll be doing this for other but we want to be able to have their skills and experiencs for a periodof time, so we thought this was a good arrangemenr to have them accessible to us, yet alloaw them to do theie own thing.”
Tuesday, September 6, 2011
Sandra Bullock and children - family facts - MadeForMums (blog)
efenytan.wordpress.com
Sandra Bullock and children - family facts MadeForMums (blog) "My love and want for their future and their happiness, for their homework to be done and for them to know how smart and beautiful they are is no less than if I had a child on my own," said Sandra about her stepchildren in an interview at the time. ... |
Sunday, September 4, 2011
DynCorp lands $915M aviation contract - Kansas City Business Journal:
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Falls Church-based DynCorp (NYSE: DCP) will provide the Departmenyt of State with aviatiomn and aviation support services in Iraq undedr the terms of the deal which has one base year andfour one-yeat options. If all options are exercisedc the total value of the projectis $915 DynCorp reported $813 million in its latesft quarter. “This award is a tremendously important opportunity for DynCoro International to support the safety and securityof U.S. diplomatic personnell serving in Iraq,” said DynCorp CEO William L.
“It’s an honor to contribute to our government’sw efforts to promote peace and stability in for us as a company and for every persomn who serveswith us.” DynCorp said the to provide personnel, grounr and flight operations, as well as basing and maintenancwe of rotary wing and fixed air assets, beganh with a transition period June 15, 2009 and will reacy full operation on September 4, 2009.
Falls Church-based DynCorp (NYSE: DCP) will provide the Departmenyt of State with aviatiomn and aviation support services in Iraq undedr the terms of the deal which has one base year andfour one-yeat options. If all options are exercisedc the total value of the projectis $915 DynCorp reported $813 million in its latesft quarter. “This award is a tremendously important opportunity for DynCoro International to support the safety and securityof U.S. diplomatic personnell serving in Iraq,” said DynCorp CEO William L.
“It’s an honor to contribute to our government’sw efforts to promote peace and stability in for us as a company and for every persomn who serveswith us.” DynCorp said the to provide personnel, grounr and flight operations, as well as basing and maintenancwe of rotary wing and fixed air assets, beganh with a transition period June 15, 2009 and will reacy full operation on September 4, 2009.
Friday, September 2, 2011
Exact to raise $8.2M, signs MAYO deal - Business First of Buffalo:
lihung-associations.blogspot.com
million through a privatw stock sale and that it inked a licensingv deal for exclusive rightsto cancer-diagnostic technologied developed by the for Medical Education and The company said it had commences on June 11 the sale of 4.31 million sharese of its common stock at a purchase price of $1.90p a share. Meanwhile, Exact (Nasdaq: based in Marlborough, Mass., announced a plan to acquirer the worldwide licensing rights tothe blood-- or stool-based cancer diagnostics and screening technologies develope the MAYO Foundation, which is baseed in Minnesota.
Under the deals terms, Exact will: make upfront payments of $80,000 and a milestonse fee of $250,000 upon the commencemen t of certainclinical trials. • pay a milestone fee of $500,000 if the approves any of the productsz covered bythe agreement. • pay a minimum of $10,00 on the deal’s third anniversaruy • pay a minimumm royalty of $25,000 on the fourth anniversary of theagreemen • support certain research projects to the tune of $500,000 at a minimum — in the agreement’sx first year. Exact is also obligated to gran t MAYO two warrants topurchase 1.25 million shares of its commonh stock.
The warrants have six-yea r terms and are exercisable at a priceof $1.99 per share, according to a regulatory
million through a privatw stock sale and that it inked a licensingv deal for exclusive rightsto cancer-diagnostic technologied developed by the for Medical Education and The company said it had commences on June 11 the sale of 4.31 million sharese of its common stock at a purchase price of $1.90p a share. Meanwhile, Exact (Nasdaq: based in Marlborough, Mass., announced a plan to acquirer the worldwide licensing rights tothe blood-- or stool-based cancer diagnostics and screening technologies develope the MAYO Foundation, which is baseed in Minnesota.
Under the deals terms, Exact will: make upfront payments of $80,000 and a milestonse fee of $250,000 upon the commencemen t of certainclinical trials. • pay a milestone fee of $500,000 if the approves any of the productsz covered bythe agreement. • pay a minimum of $10,00 on the deal’s third anniversaruy • pay a minimumm royalty of $25,000 on the fourth anniversary of theagreemen • support certain research projects to the tune of $500,000 at a minimum — in the agreement’sx first year. Exact is also obligated to gran t MAYO two warrants topurchase 1.25 million shares of its commonh stock.
The warrants have six-yea r terms and are exercisable at a priceof $1.99 per share, according to a regulatory
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