healthcare-fraud
7 stories related to this topic, newest first.
news24.comTwo Men Sentenced to Prison in $522 Million Medicare Fraud Scheme
A federal court sentenced two men to prison terms for orchestrating a fraud that submitted $522 million in claims for unnecessary genetic tests secured through illegal kickbacks to Medicare, Medicaid, and private insurers. The ruling imposes financial penalties and requires resti…
realclearmarkets.comS&P 500 Profits Reach 15-Year High
S&P 500 companies reported record profits in the first quarter, driven largely by Big Tech firms and anticipated AI-related capital spending. Short-seller Jim Chanos noted that accounting practices for AI investments could further boost earnings estimates for 2026-2027.
thehindu.comS&P 500 Profits Hit 15-Year High; Healthcare Fraud Reported
S&P 500 companies reported the highest profits in at least 15 years during the first quarter, driven largely by three major technology firms. Separately, healthcare insurers and hospitals have seen record profits amid allegations of fraudulent billing practices in government prog…
Orange County Scan Provider Pays $8.3 Million in Kickback Settlement
An Orange County-based medical scan provider agreed to pay $8.3 million plus future revenue shares to resolve allegations of paying excessive fees to referring cardiologists for supervising PET scans. The settlement addresses violations of the False Claims Act and aims to recover…
theolivepress.esMobile PET Provider Pays $8.33 Million in Kickback Settlement
Modern Nuclear Inc. agreed to pay $8.33 million plus future revenues to resolve allegations of violating the False Claims Act through excessive fees to referring cardiologists. The settlement recovers funds for federal health programs and enforces anti-kickback rules in medical i…
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)US Sues Florida Immunologist for False Medicare Claims on Immune Drugs
The Justice Department filed a civil complaint against Dr. Kevin Rosenbach and his Naples practice for submitting fraudulent claims for subcutaneous immune globulins to Medicare Part B. The action seeks to recover federal funds and impose penalties under the False Claims Act.
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)Task Force Suspends 447 Hospices, 23 Home Health Agencies in LA Over $600M Fraud Suspicions
An anti-fraud task force led by Vice President JD Vance has suspended 447 hospices and 23 home health agencies in Los Angeles amid investigations into suspected fraud totaling more than $600 million. The suspensions represent a 539% increase from 70 reported at the beginning of A…