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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Jeff Dale2023-09-14T16:09:00
A Texas-based dermatology management company agreed to pay nearly $8.9 million to settle allegations by the Department of Justice (DOJ) regarding apparent violations of the False Claims Act.
The settlement total agreed to by Oliver Street Dermatology Management, doing business as U.S. Dermatology Partners (USDP), includes approximately $5.9 million in restitution, U.S. Attorney for the Northern District of Texas Leigha Simonton announced in a press release Wednesday.
Between January 2013 and July 2018, USDP acquired multiple dermatology practices across the United States. In September 2021, the company voluntarily self-disclosed to the DOJ credible evidence that former senior managers offered or agreed to increase the purchase price of 11 acquired dermatology practices in exchange for referrals to USDP-affiliated entities following the acquisition, the DOJ alleged. Claims for some of those services were later submitted to Medicare for payment, the DOJ found.
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News and analysis for the well-informed compliance or audit exec.
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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.
2023-10-11T19:34:00Z By Jeff Dale
Cardiac Imaging and its chief executive agreed to pay a total of more than $85 million to settle charges levied by the Department of Justice addressing alleged violations of the False Claims Act regarding unlawful kickbacks.
2024-07-26T19:18:00Z By Jeff Dale
RTX Corp., the parent company of Raytheon, disclosed in a public filing it has reserved $1.24 billion to resolve legacy legal matters with the Department of Justice, Securities and Exchange Commission, and Department of State.
2024-07-26T15:51:00Z By Aaron Nicodemus
The U.K. Financial Conduct Authority issued a fine of $4.5 million (3.5 million pounds) against a U.K.-based subsidiary of crypto platform Coinbase for providing services to high-risk customers in violation of FCA rules.
2024-07-26T13:36:00Z By Adrianne Appel
Admera Health agreed to pay more than $5.5 million to resolve allegations first brought by two whistleblowers that it paid kickbacks to third-party contractors, the Department of Justice said.
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