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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
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.
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News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
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.
2024-11-22T14:39:00Z By Aaron Nicodemus
Eight business executives, including the billionaire owner of Indian energy company Adani Group, were charged with fraud for their alleged roles in a multi-million bribery scheme to win a solar energy contract in India.
2024-11-21T20:19:00Z By Oscar Gonzalez
Three months after a U.S. district judge declared Google to be running a monopoly, the Department of Justice recommended the tech giant be forced to sell off its popular Chrome browser as part of an effort to resolve antitrust concerns and reshape the power of tech’s biggest companies.
2024-11-20T18:15:00Z By Aaron Nicodemus
A bank examiner and senior manager at the Federal Reserve Bank of Richmond pled guilty to insider trading after allegedly misappropriating confidential information on seven banks to make profitable trades.
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