- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Jeff Dale2023-04-18T19:18:00
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.
In a press release Monday, the Department of Justice (DOJ) said Sibley violated the Physician Self-Referral Law, commonly known as the Stark Law, which requires medical decision-making be based on patients’ best interests and not influenced by financial incentives.
Between 2008 and 2011, Sibley billed Medicare for services referred by 10 cardiologists to whom it was “paying compensation that exceeded the fair-market value of the services provided,” the DOJ said. This behavior was self-disclosed by Sibley and Johns Hopkins to the agency.
2023-03-30T17:58:00Z By Adrianne Appel
Michigan-based Covenant Healthcare System paid $69 million to settle whistleblower allegations it engaged in illegal referral and kickback schemes.
2023-02-23T18:51:00Z By Adrianne Appel
Cornerstone Healthcare Group will pay more than $21.6 million to settle allegations it filed false claims to Medicare by inflating the cost of services, billing for unauthorized services, and other violations initially brought forward by a whistleblower.
2022-11-02T19:36:00Z By Adrianne Appel
Modernizing Medicine paid $45 million to settle false claims allegations levied by the Department of Justice it received kickbacks and made improper payments to providers to increase its business.
2025-06-19T19:28:00Z By Ruth Prickett
Fraud now accounts for around 40% of all crime in the U.K., posing a major problem for banks and consumers. Ted Datta, head of industry practice for financial crime compliance at Moody’s, warns that the risk is growing fast.
2025-06-16T18:04:00Z By Neil Hodge
Trying to put rules in place to oversee an industry that has grown largely outside of regulation is not without serious challenges. But the UK’s Financial Conduct Authority’s (FCA) latest consultation aims to attract industry views about how some key aspects of crypto trading should be regulated ahead of planned ...
2025-06-12T15:51:00Z By Neil Hodge
Europe’s pioneering data protection legislation turned seven years old in May, but the compliance and enforcement difficulties that have dogged the rules since they came into force look set to present both companies and data regulators with fresh headaches for some time to come.
Site powered by Webvision Cloud