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.
"The significant number of settlements and judgments obtained over the past year demonstrate the high priority this administration places on deterring fraud against the government and ensuring that citizens' tax dollars are well spent," Assistant Attorney General Jody Hunt said in a statement.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
