Dec 19, 2017

Envision Healthcare pays $31 million to settle ER fraud claims

Ambulances wait outside an emergency room in Florida. Photo: Jeffrey Greenberg / Getty

Envision Healthcare is paying $31 million to sweep away allegations that its emergency room staffing subsidiary, EmCare, was in cahoots with the former Health Management Associates hospital chain to maximize profits by admitting patients from the ER "without regard to whether the admissions are medically necessary."

In addition to the settlement with the Department of Justice, Envision entered into a five-year "corporate integrity agreement" in which the federal government will closely monitor Envision's compliance.

Go deeper: Envision also faces allegations its ERs avoid contracting with insurers, which leads to surprising medical bills. Sen. Claire McCaskill has demanded answers about the company's ER billing practices, but her office has not answered inquiries about whether Envision has provided the requested information.

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Trump lashes out at governors, urges them to "dominate" protesters

President Trump berated the nation’s governors in a video teleconference call Monday, calling many of them "weak" and demanding tougher crackdowns on the protests that erupted throughout the country following the killing of George Floyd, according t multiple reports.

The big picture: Trump blamed violence on the "the radical left" and told the governors, who were joined by law enforcement and national security officials, that they have to "dominate" protesters and "arrest people" in order to bring an end to the unrest.

2 hours ago - World

Putin sets referendum that could allow him to rule until 2036 for July 1

Putin has not seemed to enjoy governing by video conference. Photo: Alexey Nikolsky/Sputnik/AFP via Getty Images

Russian President Vladimir Putin has set July 1 as the new date for a constitutional referendum that could allow him to remain in power through 2036.

Why it matters: Putin was forced to delay the referendum from April due to the coronavirus pandemic, and has set the date despite Russia's continued struggles to contain its outbreak. Putin's popularity has fallen in recent weeks amid his response to the pandemic and its economic repercussions.

A busy week for IPOs despite upheaval from protests and pandemic

Illustration: Eniola Odetunde/Axios

This week is expected to be the busiest for U.S. IPOs since February, with Warner Music leading a group of four companies that could raise over $3 billion.

Why it matters: This shouldn't be happening, under any traditional rubric for how markets work.