John Reynolds, who served as CEO of the hospital from 1999 to 2006 was alleged in a civil suit to have accepted kickbacks from Professional Billing Controls, a Long Island, N.Y.-based billing company, in return for steering business to the company. The $10 million suit was filed by Healthwave, a company which acquired Professional Billing Controls in 2003, according to the report.
According to the report, the billing company has identified 11 checks totaling more than $30,000 that were endorsed by Mr. Reynolds.
Recently, the hospital released a statement that the hospital had no knowledge or role in these actions, according to the report.
Read the Crain’s New York Business report on the Hospital for Special Surgery.
