X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Pocketing cash Offending organizations ran the gamut from drug and medical device manufacturers and insurers to hospitals, pharmacies, hospice organizations, laboratories and doctors.

It was a pretty good year for the Justice Department when it came to recovering funds that had gone out for fraudulent and false claims.

According to Modern Healthcare, recoveries from such cases are on the rise, with 2017’s $2.1 billion and 2018’s $2.5 billion being surpassed in 2019 with $2.6 billion as of the end of the fiscal year on September 30. The Justice Department is cited saying that 2019 was the 10th straight year in which settlements and judgments from health care companies for alleged fraud topped $2 billion.

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

More from this author

 

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.