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PDP Holdings, LLC Announces Support for Health and Human Services Office of Inspector General Guidance
Date:3/29/2013

NASHVILLE, Tenn., March 29, 2013 /PRNewswire/ -- PDP Holdings, LLC (PDP) today announced strong support for the Health and Human Services (HHS) Office of Inspector General (OIG) Special Fraud Alert (SFA) of March 26, 2013.  PDP is an innovative healthcare company with the express mission of lowering healthcare costs, improving outcomes for patients, and empowering doctors and hospitals to deliver better value. This mission is why PDP supports the Special Fraud Alert issued this week.  PDP had the opportunity to meet with OIG officials in 2011 to share details of its business model and positive impact on lowering costs. During that meeting, PDP expressed concerns with the practices of poorly constructed and operated physician owned distributors ("PODs").  Last year, in an article in a leading trade journal, PDP recommended that the OIG use the vehicle of a Special Fraud Alert to issue negative guidance with respect to problematic features of abusive models, given the limitations on other forms of guidance in this area.

"PDP is pleased to see all of the key points we raised with the OIG included in the Special Fraud Alert issued this week," said Tom Gallagher , President and CEO of PDP.  "We welcome the OIG's Special Fraud Alert because it provides more clarity in the marketplace.  The features of 'suspect' PODs listed by the OIG are elements we suggested as being inconsistent with fraud and abuse laws.  The PDP model, in contrast, focuses on increased competition, lowered costs, improved outcomes, and physician-driven case management that improves safety and efficiency."

What the PDP Model Does for the Healthcare System:

  • Increases competition in and access to the medical device marketplace
  • Lowers the cost of purchasing medical devices to local hospitals
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SOURCE PDP Holdings, LLC
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