Welcome to our dedicated page for Livecare news (Ticker: LVCE), a resource for investors and traders seeking the latest updates and insights on Livecare stock.
LiveCare Inc. (LVCE) delivers innovative healthcare technology solutions through advanced telehealth platforms and digital health integrations. This news hub provides investors and industry professionals with essential updates on corporate developments, operational milestones, and strategic initiatives.
Access real-time updates including earnings announcements, partnership disclosures, product launch details, and regulatory filings. Our curated collection ensures efficient tracking of LVCE's progress in enhancing healthcare system efficiency through digital innovation.
Key focus areas include:
• Technology Advancements: Telehealth platform upgrades and digital tool deployments
• Strategic Collaborations: Health system partnerships and technology integrations
• Operational Updates: Service expansions and platform optimization efforts
Bookmark this page for streamlined access to verified LVCE news. Combine our updates with market analysis tools for informed decision-making in the dynamic healthcare technology sector.
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.