There are at least six companies tied to Ahmed that are registered to various suites in the same building as Landmark: HNW Consulting Inc., Healthcare Finance Management LLC, Med-Rx Funding LLC, Physician Funding Solutions LLC, Pharmafinance LLC, and RX Funding Solutions LLC. The functions of these companies are unclear.
“[Landmark is] just one of a big chunk of operations that find manipulable loopholes,” Mark Rakich, a staff member for the California Assembly Insurance Committee, said in an interview. “One could debate whether some of the arrangements violate existing provisions of law.”
Several years ago, the workers’ compensation system in California experienced a sharp increase in the amount of compound drugs, primarily topical analgesics, prescribed to injured workers.
The study found that over that period, the percentage of California workers’ compensation prescription dollars that paid for the drugs associated with compounding rose from 0.8 percent to 6.4 percent. The State Compensation Insurance Fund, a quasi-governmental body and a big player in the system, saw billings for a range of items that were rarely billed before 2007 — including compound drugs — reach $58 million in a 16-month period. It was during this period that Landmark was founded.
quoted from here
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