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How a successful Colorado startup turned into a nearly $1 billion health care fraud scheme
Zynex admitted fraud involving $873 million in billing, driven by aggressive growth targets and financial pressure, with over $600 million linked to fraudulent supplies, officials said.
Summary by Denver Post
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2 Articles
Denver PostReposted by 
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arcamax.comHow a successful Colorado startup turned into a nearly $1 billion health care fraud scheme
Marian Houk was rehabbing from a major spinal surgery in 2022 when her physical therapist at UCHealth in Aurora recommended she try electrical stimulation to manage the pain. Like many providers around the country, UCHealth sent Houk to Zynex Inc., an Englewood-based medical device company that manufactures and sells instruments used for pain management and rehabilitation. When insurance didn’t cover the electrical nerve stimulation device, Zyne…
·Denver, United States
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Leaning Left0Leaning Right1Center1Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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