The Centers for Medicare and Medicaid Services (CMS) hit two hospitals in Georgia with $1.1 million in financial penalties for violating the 2021 rules requiring hospitals to share their medical procedures and treatment prices. This change (which the CMS will enforce)...
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Month: June 2022
IRS’s annual whistleblower report prompts criticism
The IRS released its annual report on its whistleblower program. The amount collected dropped from $1.44 billion in 2018 to $245 million in 2022. Whistleblower awards also dropped to about 10% ($34.5 million) of the amount awarded in 2018. This precipitous drop has...
SEC levies penalties for ESG omissions and lies
On May 23, the Securities and Exchange Commission (SEC) charged BNY Mellon Investment Advisor with a $1.5 million penalty. BNY Mellon claimed that specific mutual fund investments had passed the Environmental, Social and Governance (ESG) review when, in reality, they...
Feds bring suit against two company heads running 11 nursing facilities
The Southern District of New York and the U.S. Department of Health and Human Services have filed a healthcare lawsuit against 11 New York-based defendants. The lawsuit seeks damages and penalties for billing Medicare for unreasonable or unnecessary procedures at 11...
DOJ recovers funds from a medical kickback scheme
A doctor was found liable for violating the False Claims Act by accepting millions in kickbacks. He agreed to repay $2.3 million to settle a civil lawsuit that alleged that the transfers violated the Federal Debt Collections Procedures Act. The doctor was not guilty...