Odyssey Hospice, part of Gentiva Health Services, Inc. (NASDAQ:GTIV), announced on Feb. 17 that it has entered a settlement agreement with the Department of Justice, and a five-year Corporate Integrity Agreement with the Office of Inspector General of the Department of Health and Human Services, following an investigation of Odyssey HealthCare, Inc.’s continuous care services.
The DOJ’s investigation was launched prior to Gentiva Health Services, Inc.’s acquisition of the company in August 2010, and involved Odyssey’s provision of continuous care services from Jan. 1, 2006 through Jan. 22, 2009.
The settlement agreement includes a one-time cash payment of $25 million, special education for employees, and audits of the company’s Hospice Division throughout a five-year period.
“Gentiva cooperated fully with this investigation, which covered a period prior to our acquisition of Odyssey, and the settlement is consistent with our efforts to instill Gentiva’s culture of compliance throughout the company,” said John Camperlengo, Gentiva General Counsel and Chief Compliance Officer.
Written by Alyssa Gerace
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