George Breen Quoted in “The Morning Risk Report: Health-Care Boards More Responsible for Compliance” – The Wall Street JournalThe Wall Street Journal October 17, 2014
George Breen, Chair of the firm's National Health Care and Life Sciences Practice Steering Committee, in the Washington, DC, office, was quoted in “The Morning Risk Report: Health-Care Boards More Responsible for Compliance,” by Rachel Louise Ensign, in The Wall Street Journal's Risk & Compliance Journal. (Read the full article - subscription required.)
Following is an excerpt:
A recent $38 million accord between the government and a nursing home chain over Medicare and Medicaid billing requires members of the firm’s board to establish a compliance committee whose members will individually sign resolutions tied to a compliance overhaul. These terms, which were included in a corporate integrity agreement that accompanied an October settlement with Extendicare Health Services Inc. and a subsidiary, are a reflection of the Department of Health and Human Services’ “continued focus on the obligation the board of directors has to make sure the entity is in compliance,” said George Breen, a member at law firm Epstein Becker & Green P.C., who is not involved in the case. The document also mandates that the company appoint compliance officer job that reports to the board.
Board members are now increasingly asking “what are my obligations? There’s a heightened sense of concern,” Mr. Breen said.