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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2022-11-02T19:36:00
An electronic health records (EHR) software company paid $45 million to settle false claims allegations levied by the Department of Justice (DOJ) it received kickbacks and made improper payments to providers to increase its business.
Modernizing Medicine (ModMed) violated the federal False Claims Act and Anti-Kickback Statute through three undertakings, the DOJ alleged Tuesday in its complaint. The whistleblower, a former vice president at ModMed, originally filed a complaint and will receive a share of the total paid to the federal government, the DOJ said.
ModMed conspired with Miraca Life Sciences to improperly donate ModMed’s EHR product to healthcare providers to increase orders, according to the complaint.
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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.
2023-04-18T19:18:00Z By Jeff Dale
Sibley Hospital and its parent company, Johns Hopkins Health System, agreed to pay $5 million to settle allegations the hospital billed Medicare for services referred by physicians with whom it had a financial relationship.
2023-02-23T22:03:00Z By Adrianne Appel
It is still too early in the rulemaking process to know what will be included in the Biden administration’s final rule on transparency of nursing home ownership, but there are some steps facilities can take to prepare, according to experts.
2023-02-14T19:01:00Z By Adrianne Appel
Spacelabs Healthcare agreed to pay $2.5 million as part of a settlement with the Department of Justice resolving allegations it overcharged the U.S. Department of Veterans Affairs for medical devices.
2024-12-20T17:39:00Z By Aaron Nicodemus
USAA Federal Savings Bank has been hit with its third cease and desist order from the Treasury Department’s Office of the Comptroller of the Currency in the past five years for failing to correct unsafe and unsound banking practices.
2024-12-18T18:08:00Z By Adrianne Appel
Becton Dickinson medical device company will pay $175 million for “repeatedly” misleading investors about its Alaris infusion pump, a product the company knew was flawed and was sold without the required patient-safety approvals, the Securities and Exchange Commission said.
2024-12-17T20:57:00Z By Adrianne Appel
The Securities and Exchange Commission charged bankrupt fashion retailer Express with failing to disclose nearly $1 million in perks to a former chief executive, but did not levy a financial penalty thanks to its cooperation, the SEC said.
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