By Adrianne Appel2024-02-16T19:55:00
Lincare, a supplier of durable medical equipment (DME), agreed to pay $25.5 million to settle allegations it billed federal health programs for the rental of ventilator machines after patients no longer needed to use them.
Lincare also settled allegations it paid kickbacks to Medicare patients and others by waiving co-payments for renting the ventilators, according to the settlement, approved Wednesday in U.S. District Court for the Southern District of New York.
When DME suppliers seek reimbursement for rental of a ventilator, they must send documentation to Medicare that the patient still needs it and it is considered medically reasonable and necessary. Lincare’s policies stated it would send respiratory therapists to patients’ homes every 60 days to check on them and that the ventilators were still needed.
2024-07-02T14:42:00Z By Adrianne Appel
A home health company operating in Indiana, Ohio, and Texas agreed to pay nearly $4.5 million to settle allegations it filed false claims by giving sports tickets and other kickbacks to assisted living facilities in exchange for referrals.
2024-06-25T17:17:00Z By Jeff Dale
Houston-based medical center institutions agreed to jointly pay $15 million to settle allegations for improperly billing Medicare for concurrent surgeries in violation of teaching physician and informed consent regulations.
2024-05-17T16:01:00Z By Jeff Dale
The Department of Justice ordered Cape Cod Hospital to pay nearly $24.4 million to settle alleged False Claims Act violations that it knowingly submitted claims to the government for procedures that failed to comply with Medicare rules.
2025-10-17T21:09:00Z By Oscar Gonzalez
Even though the U.S. federal government is currently shut down, the U.S. Securities and Exchange Commission appears to still be at work. The financial regulator is reportedly investigating a major insurance and asset management company over its accounting practices.
2025-10-16T20:38:00Z By Neil Hodge
Europe’s massive financial sector has become a magnet for illicit money flowing through its banks and markets. A new EU agency will be taking the problem head-on to fight against money laundering.
2025-10-08T18:28:00Z By Adrianne Appel
Charlie Javice, a former CEO who duped JPMorgan Chase into purchasing her start up company for $175 million, has been ordered to forfeit more than $22 million by the Department of Justice (DOJ) and to spend 7 years in jail.
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