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LiveCare Inc. (LVCE) is a cutting-edge healthcare technology company that focuses on revolutionizing the way healthcare services are delivered. The company specializes in telemedicine, remote patient monitoring, and healthcare software solutions. With a strong emphasis on innovation and customer-centric approach, LiveCare aims to enhance accessibility, efficiency, and quality of healthcare for patients and providers alike. The company's commitment to excellence and continuous improvement has led to significant growth and recognition in the healthcare industry.
LiveCare Inc. (LVCE) has announced the resolution of a U.S. Department of Justice investigation regarding Anti-Kickback Statute and False Claims Act allegations. The investigation stemmed from a self-disclosure made by LiveCare in July 2023 after discovering potential non-compliance with Medicare rules for remote patient monitoring (RPM) services patient referrals.
The company conducted an internal investigation through external healthcare enforcement attorneys, which identified several risk areas requiring attention. LiveCare proactively disclosed these concerns about marketing practices to the U.S. Department of Health and Human Services Office of the Inspector General.
In response, LiveCare implemented corrective actions, including significant changes to patient acquisition methods and RPM service billing practices. CEO Max Rockwell emphasized the company's commitment to compliance and ethical business practices, highlighting the implementation of enhanced compliance measures to ensure continued operational integrity.