Military Benefits - Rocky Mountain Voice

By Shaina Cole | Contributing Writer, Rocky Mountain Voice An Englewood medical device company has agreed to pay millions and walk away from nearly 100 million dollars in unpaid claims after a federal investigation into its TRICARE billing practices. This week, the U.S. Department of Justice announced that Zynex, Inc. entered into a criminal Non-Prosecution Agreement. Prosecutors said the company submitted claims for medical supplies “in quantities that exceeded physician orders” and, in some instances, were “not medically necessary.” At the same time, a federal grand jury indictment charging former CEO Thomas Sandgaard and former Chief Operating Officer Anna Lucsok was unsealed. The company secured a deal. Its former executives now face criminal charges ...

By Leo Shane III | Military Times Veterans Affairs officials on Tuesday announced staffers had already processed more than 2 million disability benefits claims this fiscal year, the fastest the department has ever reached that mark. The processing milestone occurred nearly one month earlier than in fiscal 2024 and puts department claims workers on pace for another record-breaking year in terms of total cases completed. The work finished thus far represents almost $120 billion in compensation and pension benefits to veterans and survivors paid out since last October. In a statement, VA Secretary Doug Collins credited the progress to a refocusing of the department’s mission in recent months. “VA has reduced the claims backlog and has processed t...

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Tag: Military Benefits

Colorado firm Zynex forfeits nearly $100M as former executives face federal charges

Veterans win big—2M VA claims processed faster than any year before

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