ORLANDO, Fla.--(BUSINESS WIRE)--On April 11, 2018, Rotech settled a lawsuit brought in federal court in Texas related to a billing center the company closed in early 2015. The lawsuit was based entirely on facts Rotech identified and self-disclosed to the government and the public in 2012, repaying over $6 million in identified overpayments. In 2009, Rotech, under previous executive management, implemented a defective automatic billing program to meet new regulations for certain oxygen contents claims -- immediately upon identifying the error, this billing program was fixed. Since 2012, Rotech has conducted regular audits of oxygen contents claims and has discovered no further errors in this process.
Rotech cooperated fully with the government’s investigation and as part of the settlement, received a full release from any wrongdoing relating to the allegations.
Tim Pigg, President and CEO of Rotech since 2014, expressed satisfaction that this matter is now behind the company and is focused on the future. “We are pleased this matter has been resolved to the satisfaction of all parties,” said Mr. Pigg. He continued: “Rotech is committed to maintaining the highest level of professional and ethical standards in business, and anything that deviates from the highest standards of integrity is not tolerated by my new management. Through a strict system of proactive checks and balances which involve ongoing internal audits, robust compliance training, significant investments in billing and coding technology, and an anonymous way for employees to report potential problems, Rotech continues to hold itself to the highest standards.”