- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Adrianne Appel2024-11-15T19:28:00
A pharmaceutical company and its chief executive have agreed to pay $47 million to settle allegations, first brought by whistleblowers, that the company paid kickbacks and filed false claims, the Department of Justice said.
The U.S. Department of Health and Human Services (HHS), which manages Medicare, Medicaid and other federal health programs, takes a hard line against free tests, drugs or offerings provided to patients or doctors, actions which may induce them to prescribe or use a particular drug or service, or use of medical equipment.
The HHS foots part of the bills for these patients, and it believes that free offerings are kickbacks intended to steer patients to services and drugs they otherwise may not use. If the HHS concludes that kickbacks were at play, it considers any related bills or “claims” to be false claims and a violation.
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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.
New Jersey-based Silver Lake Hospital agreed to pay more than $18.6 million as part of a settlement with the Department of Justice addressing allegations of false claims submitted to Medicare for inpatient cost outlier payments.
Drug manufacturer Akorn Operating Company agreed to pay $7.9 million in a settlement with the Department of Justice for continuing to sell three drugs through Medicare when they were no longer covered under the program.
A lack of supervision and internal controls at Morgan Stanley Smith Barney allowed four of its investment advisers to steal millions from customers before the behavior was detected, the SEC said in charging the firm.
A subsidiary of McKinsey & Co. will pay nearly $123 million to the Department of Justice to settle allegations that it bribed officials in South Africa to win consulting contracts.
A defamation lawsuit filed by a whistleblower against USAA, which a Florida judge recently dismissed on a technicality, revealed in public court records an estimated 400,000 violations of the Military Lending Act by USAA Federal Savings Bank (USAA Bank), an indirect wholly owned subsidiary of USAA.
