By
Jeff Dale2023-10-11T19:34:00
An Illinois-based cardiology imaging services provider and its chief executive agreed to pay a total of more than $85 million to settle charges levied by the Department of Justice (DOJ) addressing alleged violations of the False Claims Act regarding unlawful kickbacks.
Cardiac Imaging was ordered to pay $75 million and its CEO Sam Kancherlapalli nearly $10.5 million in reaching settlement, according to a DOJ press release Tuesday. The company and Kancherlapalli allegedly paid referring cardiologists excessive fees to supervise PET scans, violations of the Anti-Kickback Statue and Stark Law.
The settlement resolves claims against Cardiac Imaging brought under the qui tam provisions of the False Claims Act by Lynda Pinto, a former billing manager at the company. Pinto will receive an undetermined amount.
2023-12-19T22:20:00Z By Kyle Brasseur
Indiana-based Community Health Network agreed to pay $345 million as part of a settlement with the Department of Justice resolving allegations it overcompensated physicians it employed at a rate that violated the Stark Law.
2023-11-13T20:15:00Z By Adrianne Appel
New guidance from the Department of Health and Human Services is designed to apply generally to the healthcare industry, from doctors to pharmaceutical manufacturers, and help all such entities self-monitor their compliance and prevent waste, fraud, and abuse.
2023-10-31T18:18:00Z By Kyle Brasseur
Pharmaceuticals firm Nostrum Laboratories and its founder and chief executive officer could pay up to $50 million as part of a settlement with the Department of Justice addressing alleged violations of the False Claims Act by underpaying Medicaid rebates.
2025-11-13T20:34:00Z By Jaclyn Jaeger
The DOJ dropped a June 2024 indictment against a Cassava Sciences advisor, closing a case tied to an alleged short-selling scheme and related government probes. The case was criticized for fundamental flaws in evidence and legal procedures.
2025-11-10T21:16:00Z By Adrianne Appel
The former U.S. chief compliance officer of hedge fund firm Capula Investment Management has blown the whistle against his former employer, alleging he was terminated for raising concerns about improper expensing practices.
2025-11-07T22:18:00Z By Adrianne Appel
First Trust Portfolios has been fined $10 million by FINRA for allegedly providing excessive meals, gifts, and other incentives to broker-dealers.
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