Electromed Inc
* Electromed Inc – on June 5 co entered settlement agreement
with centers for medicare and medicaid services – SEC filing
* Electromed Inc – under settlement agreement, company
estimates CMS will pay approximately $1.1 million to company –
SEC filing
* Electromed Inc – settlement with respect to about 700
medicare fee-for-service claims submitted by co between 2012
through 2015
* Electromed Inc – of estimated $1.1 million settlement
payment, $0.9 million will be recognized as revenue during
company s fiscal quarter ended June 30, 2017
* Electromed- claims submitted by co company between 2012
through 2015 amount to about $2.9 million in original claims
based on medicare allowable rates
Source text – bit.ly/2r44iZo
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