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Cardiologist Under Investigation Files For Bankruptcy

Asad_Qamar.jpg
The Florida Channel
Dr. Asad Qamar

More than a year after being hit with multiple lawsuits alleging Medicare fraud, Ocala-based cardiologist Dr. AsadQamar has filed for Chapter 11 bankruptcy, the Ocala Star-Banner reports.

 
Qamar, one of the nation’s top billers for Medicare and a target of a U.S. Department of Justice investigation, lists more than $6.8 million in unsecured debt, liabilities and assets in the filing made in federal court with his wife, according to the Star-Banner. Qamar also is banned from Medicare reimbursement, and a bank foreclosure against his medical practices is underway, the Star-Banner reports.
 
The bankruptcy judge is allowing Qamar to continue operating his businesses, including his Ocala-based Institute of Cardiovascular Excellence. Qamar also filed for Chapter 11 bankruptcy protection fo ICE Holdings PLLC, the parent company of the Ocala clinic and other offices, the Star-Banner reports. 
 

Originally founded in December 2006 as an independent grassroots publication dedicated to coverage of health issues in Florida, Health News Florida was acquired by WUSF Public Media in September 2012.