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Biotech / Medical : Lincare Holdings

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To: Father E. who wrote (29)7/14/1998 1:48:00 AM
From: SFJayhawk  Read Replies (1) of 33
 
Investigation: Apriah received 6 subpoenas last Wed...
This is very interesting...Apriah's subpoenas are also in California for the same thing as Lincare.

Alan

Wednesday July 8, 8:02 am Eastern Time
Company Press Release
SOURCE: Apria Healthcare Group Inc.
Apria Billing Documents Requested By Government
Company Cooperating Fully to Honor Requests
COSTA MESA, Calif., July 8 /PRNewswire/ -- Apria Healthcare Group Inc. (NYSE: AHG - news) today reported that it has received six subpoenas from the U.S. Attorney's Office in Sacramento, Calif., requesting documents related to the company's billing practices.

''We will cooperate fully with the government officials and intend to work swiftly to honor their requests,'' said Ralph V. Whitworth, Apria chairman.

Documents requested include those located at the company's corporate headquarters and offices in San Diego and Sacramento, Calif. and Canonsburg, Pa.

''It is not unusual for a healthcare company of Apria's size to become subject to inquiries of this type,'' said Robert S. Holcombe, Apria senior vice president and general counsel. ''Apria maintains high standards of ethical and legal conduct and has a strong track record of insisting on government regulatory compliance. We have developed and implemented a comprehensive, company-wide program designed to ensure compliance with all applicable laws and regulations.''

Apria Healthcare is among the nation's largest homecare companies, providing respiratory therapy, home infusion and home medical equipment through 350 offices serving patients in 50 states.

SOURCE: Apria Healthcare Group Inc.

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