Haeggquist & Eck Investigates Breach of Fiduciary Duties by Envision Healthcare Officers & Directors Regarding Improper “Su...
09 Janeiro 2018 - 12:00PM
Business Wire
Haeggquist & Eck, LLP, a leading shareholder rights
litigation firm, is investigating whether certain directors and
officers of Envision Healthcare Corporation (“Envision” or the
“Company”) (NYSE: EVHC) breached their fiduciary duties to the
Company and its shareholders. If you are an Envision shareholder,
you are encouraged to contact Haeggquist & Eck for additional
information.
Envision and its EmCare subsidiary provide an array of
healthcare-related services to consumers, hospitals, healthcare
systems, health plans and local, state, and national government
entities. With nearly 16,000 affiliated physicians and other
clinicians, EmCare is the nation’s leading provider of integrated
facility-based physician services.
On July 24, 2017, The New York Times published an article about
EmCare titled, “The Company Behind Many Surprise Emergency Room
Bills.” The article cited a recent study by Yale University
researchers stating that hospitals associated with Envision’s
EmCare were more likely to engage in “surprise billing,” where a
patient seeking in-network care is treated by an out-of-network
doctor, and thus billed at higher rates. The added costs were often
passed on directly to patients.
An expert quoted in the article described this practice as a
“kind of ambushing of patients,” since patients who need emergency
room care can try to go to an in-network hospital, but usually
cannot choose the specific doctor who treats them there. The
Company failed to disclose these practices or the fact that its
revenues were unlikely to be sustainable once the conduct came to
light, rendering its public statements false and misleading.
What You Can Do
If you are an Envision shareholder, you may have legal claims
against Envision’s directors and officers. If you wish to discuss
this investigation, or have questions about this notice or your
legal rights, please call attorney Amber Eck at 619-342-8000 or
e-mail her at ambere@haelaw.com. There is no cost or obligation to
you.
Haeggquist & Eck, LLP is a nationally recognized leader in
shareholder rights law. The firm represents individual investors in
shareholder derivative lawsuits, and members of the firm have
helped shareholders recover more than $1 billion of value for
themselves and the companies in which they have invested.
This release constitutes attorney advertising. Past results do
not guarantee a similar outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20180109005229/en/
Haeggquist & Eck, LLP619-342-8000Amber Eck,
ambere@haelaw.com
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