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Viemed Healthcare Inc VMD

Viemed Healthcare, Inc. through its subsidiaries, is a provider of home medical equipment (HME) and post-acute respiratory healthcare services in the United States. The Company’s service offerings are focused on effective in-home treatment with clinical practitioners providing therapy and counselling to patients in their homes using cutting edge technologies. The Company’s products and services include Home Medical Equipment, In-home sleep testing, and Healthcare staffing. Home Medical Equipment provides respiratory and other home medical equipment, including home ventilation, bi-level positive airway pressure (BiPAP) and continuous positive airway pressure (CPAP) devices, percussion vests, and other medical equipment. In-home sleep testing provides in home sleep apnea testing services. Healthcare staffing provides healthcare staffing and recruitment services. The Company provides home medical equipment services through its interest in East Alabama HomeMed, LLC (HomeMed).


NDAQ:VMD - Post by User

Post by besttobeon Jun 01, 2021 4:56pm
172 Views
Post# 33306059

In my opinion this is key....

In my opinion this is key....Per OIG....

In CMS’s January 30, 2018, letter notifying Sleep Management of its intent to terminate the prepayment suspension, CMS stated, “[p]lease be advised that this action to terminate your payment suspension should not be construed as any positive determination regarding your Medicare billing, nor is it an indication of government approval of or acquiescence regarding the claims submitted. It does not relieve you of any civil or criminal liability, nor does it offer a defense to any further administrative, civil or criminal actions against you.”

The statement in CMS’s January 30, 2018, letter makes it clear that the prior review made no positive determinations and was not meant to preclude future reviews of Sleep Management’s claims or to serve as evidence that Sleep Management’s claims were free of substantial errors. Therefore, Sleep Management’s comments regarding our sampling frame and sample are unfounded.
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