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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Kyle Brasseur2023-12-19T22:20:00
Indiana-based Community Health Network agreed to pay $345 million as part of a settlement with the Department of Justice (DOJ) resolving allegations it overcompensated physicians it employed at a rate that violated the Stark Law.
Of the settlement total, $167 million is restitution, according to the settlement agreement published by the DOJ on Tuesday. The agency intervened in the case in 2020 on the back of allegations raised in 2014 by Community’s former Chief Financial and Chief Operating Officer Thomas Fischer under the qui tam provisions of the False Claims Act. Fischer’s whistleblower award has yet to be determined.
The case marks the largest False Claims Act settlement based on Stark Law violations in the history of the DOJ.
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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.
2024-02-23T14:05:00Z By Kyle Brasseur
The announcement of a record year in several areas of False Claims Act enforcement at the Department of Justice was accompanied by a warning that more significant cases are coming, particularly regarding cybersecurity-related claims.
2024-01-04T21:28:00Z By Kyle Brasseur
H. Lee Moffitt Cancer Center & Research Institute Hospital agreed to pay nearly $20 million as part of a settlement with the Department of Justice addressing alleged violations of the False Claims Act for improperly billing federal healthcare programs.
2023-12-27T17:52:00Z By Kyle Brasseur
The former chief compliance officer of ChristianaCare Health System will receive more than $12 million as part of a settlement addressing his allegations of kickbacks and other False Claims Act violations at the Delaware-based hospital network.
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.
2024-11-19T21:05:00Z
New York-based investment firm Drexel Hamilton will pay more than $1.1 million in penalties, with four current and former employees paying fines as well over committing hundreds of violations of rules regarding the sale of municipal bonds.
2024-11-19T19:26:00Z By Aaron Nicodemus
A publicly traded cryptocurrency mining company will pay $10 million and completely change its business model to one with “lower corruption risk” as part of a settlement over violations of the Foreign Corrupt Practices Act (FCPA), two regulators announced.
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