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Company: LifeWatch Services, Inc.
Current Parent Company:
Royal Philips
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $737,572
Year: 2015
Date: March 23, 2015
Offense Group: healthcare-related offenses
Primary Offense: HHS civil monetary penalties
Violation Description: After it disclosed conduct to the Office of Inspector General pursuant to its Corporate Integrity Agreement, LifeWatch Services, Inc. agreed to pay $737,572.50 for allegedly violating the Civil Monetary Penalties Law by submitting claims to Medicare for Ambulatory Cardiac Telemetry services for which there was no supporting medical record documentation.
Level of Government: federal
Action Type: agency action
Agency: Health & Human Services Department Office of Inspector General
Civil or Criminal Case: civil
Facility State: Illinois
HQ Country of Current Parent: Netherlands
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: diversified
Specific Industry of Current Parent: diversified
Source of Data:
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Archived Source:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.