BioTelemetry (BEAT) Tops Q1 EPS by 1c

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Go back to BioTelemetry (BEAT) Tops Q1 EPS by 1c

BioTelemetry's (BEAT) Mednet Served with Subpoena in New Jersey

August 1, 2014 12:49 PM EDT

BioTelemetry (NASDAQ: BEAT) disclosed the following with its 10-Q, which was filed Friday morning [emphasis ours]:

As part of our business operations, we submit claims on behalf of patients directly to, and receive payments from, Medicare, Medicaid, and other third-party payors. We are subject to extensive government regulation, including requirements for submitting reimbursement claims under appropriate codes and maintaining certain documentation to support our... More