LHC Group Inc. announced Tuesday that the Securities and Exchange Commission has notified the company that the agency’s investigation into its participation in the Medicare Home Health Prospective Payment System has been completed. The SEC staff does not intend to recommend any enforcement action by the commission, according to LHC Group's press release.
Prompted by a Wall Street Journal investigative story earlier that year, the Senate Finance Committee began looking into whether home health providers intentionally increased the number of therapy visits to trigger higher reimbursements. The SEC investigation followed that inquiry.
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