Updated: April 8, 2015 at 11:18 p.m.
The company that helps operate GW Hospital is under federal investigation for its billing practices, the Washington Business Journal reported Tuesday.
The investigation began in 2013 but has expanded to Universal Health Services as a whole, the Philadelphia Business Journal reported. Several facilities run by Universal Health Services are under investigation, though GW Hospital is not on the list, the Washington Business Journal reported.
The billing issue has to do with implantable cardioverter defibrillators in some facilities, according to a filing with the Securities and Exchange Commission. GW Hospital is not named in the report.
“UHS and its subsidiary facilities have cooperated with the investigating agencies and will continue to do so,” a UHS spokesperson told the Philadelphia Business Journal.
The University has an about 20 percent stake in GW Hospital.
Universal Health Services owns and operates more than 240 facilities, including 25 acute care hospitals. The corporation brought in $8 billion in revenue last year, the Washington Business Journal reported.
This post was updated to reflect the following correction:
The Hatchet incorrectly reported that Universal Health Services brought in $8 million in revenue last year. The corporation brought in $8 billion in revenue. We regret this error.