Healthcare well represented on list of biggest False Claims Act settlements of 2014

The Department of Justice recovered $2.3 billion in civil settlements from healthcare industry False Claims Act settlements this year, with some of the settlements making the list of the biggest False Claims Act settlements across all industries for 2014, according to a PBS NewsHour report.

Advertisement

The banking industry led the pack with the biggest false claims settlements of the year, with Bank of America entering into a $16.65 billion settlement and JP Morgan Chase agreeing to a $614 million settlement.

The following two healthcare industry settlements made the list for the biggest settlements of 2014.

1. Baton Rouge, La.-based Amedisys, one of the country’s largest providers of home health services, and its affiliates agreed to pay $150 million to resolve allegations brought under the False Claims Act, Stark Law and the Anti-Kickback Statute.

3. Cincinnati, Ohio-based Omnicare — the nation’s largest provider of pharmaceuticals and pharmacy services to nursing homes — agreed to pay $124.24 million to settle allegations that it violated the False Claims Act and Anti-Kickback Statute.

More articles on healthcare industry lawsuits:

Easton Hospital settles False Claims Act lawsuit for $662k
Court dismisses patient record lawsuit against Henry Ford Health
Singing River Health System hit with class-action lawsuit over employee pensions

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Legal & Regulatory Issues

Advertisement

Comments are closed.