"ArthroCare buys Medical Billing
Service Provider for 25M" • "Medical
Billing Employee Charged with Embezzling"
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Medical Billing ScamWatch
ArthroCare buys Medical Billing Service Provider for $25M
Austin-based surgical product manufacturer
ArthroCare Corp. has acquired Margate, Fla.-based
DiscoCare Inc., medical billing and reimbursement service provider, for $25 million in cash.
ArthroCare says the acquisition will allow the company to significantly expand its internal reimbursement capability and to leverage those services across all its divisions. The company has also said the acquisition shouldn't have a material impact on 2008 earnings.
Medical Billing Employee Charged with Embezzling
employee of a hospital billing center has been
charged with stealing in excess of $10,000.
Allison Jo Kruzel, 27, of 2305 Northwind, was
bound over to 14th Circuit Court Dec. 6 on a
charge of embezzlement by agent or trustee of
more than $1,000 but less than $20,000. She was
charged with the offense in mid-November after
an investigation by Norton Shores police.
Detective Lt. Timothy LaVigne said Kruzel
allegedly stole more than $10,000 cash during
the past year from the Hackley Primary Care
Network billing center, 6401 Prairie.
Kruzel's job was to pick up billing
information, including cash co-pays, from three
physicians' practices owned by Hackley Hospital.
She then returned to work, entered the
information in a computer and made the bank
deposits, LaVigne said.
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