Hospital and Investors to Pay $30.6 Million for Alleged Medicare Fraud
According to a recent announcement from the United States Department of Justice, Silver Lake Hospital, a long-term care hospital based in Newark, New Jersey, has agreed to pay over $18.6 million, plus interest, to resolve alleged violations of the federal False Claims Act for claiming excessive cost outlier payments from the Medicare program. In addition, several investors in Silver Lake Hospital have agreed to pay $12 million, plus interest, to resolve alleged Federal Debt Collection Procedures Act (FDCPA) violations for the fraudulent transfer of money by the hospital to its investors.
Courtesy of https://www.bracheichler.com/federal-healthcare-law-update-march-2024/