Abbott’s move to acquire Alere is on the rocks. The $5.8 billion deal, announced in February, would have made Abbott the leader in the point-of-care diagnostics field, with about $7 billion in annual … [Read more...]
ENFORCEMENT
Drug Testing Enforcement Cases Lead to Costly Settlements and Convictions
May 12, 2016
Pain management and drug abuse have received significant media attention and federal funding devoted to stopping an opioid epidemic. Health care fraud enforcement agencies are also focused on the … [Read more...]
ENFORCEMENT
DOJ Continues Focus on Individual Accountability with FCPA Self-Disclosure Pilot
May 10, 2016
By Kelly A. Briganti, Editorial Director, G2 Intelligence If the Foreign Corrupt Practices Act (FCPA) sounds like it shouldn't be of concern to laboratories and the diagnostics industry, think again. … [Read more...]
BRIBES
FCPA Self-Disclosure Pilot Program Continues Focus on Individual Accountability
May 4, 2016
In the modern age of global commerce, the Foreign Corrupt Practices Act (FCPA) has increasing relevance for laboratories and the diagnostics industry. Alere, a point-of-care diagnostic test maker, … [Read more...]
ENFORCEMENT
DOJ Report Reveals Fraud and Abuse Recoveries Declined in Fiscal Year 2015
March 22, 2016
The Department of Justice (DOJ) and Department of Health and Human Services (HHS) released their annual report regarding the achievements of the Health Care Fraud and Abuse Control (HCFAC) Program for … [Read more...]
NEWS
News at a Glance – March 2016
March 21, 2016
HHS Achieves Milestone Ahead of Schedule. In January 2015, the Department of Health and Human Services (HHS) set a goal of tying roughly 30 percent of Medicare payments to alternative payment models … [Read more...]
ENFORCEMENT
Second Doctor Indicted in Biodiagnostic Kickback Case
March 21, 2016
By Ron Shinkman, Editor, Laboratory Industry Report Another physician has been indicted in the long-running Biodiagnostic Laboratory Services case. Bernard Greenspan, M.D., a family physician in … [Read more...]
ENFORCEMENT
Federal Fraud and Abuse Recoveries Down from Prior Fiscal Year
March 14, 2016
By Kelly A. Briganti, Editorial Director, G2 Intelligence Despite robust enforcement efforts and large scale investigations and takedowns, the overall recovery received in government coffers last … [Read more...]
ENFORCEMENT
Kickback Case Settles for Record-breaking $646 Million
March 7, 2016
By Kelly A. Briganti, Editorial Director, G2 Intelligence It has been billed as the largest total amount in U.S. history paid for alleged violations of the Anti-kickback Statute by a medical … [Read more...]
DOJ
Labs Safe, but Marketing Company and Referring Physician Get In Trouble for Kickbacks
February 22, 2016
By Kelly A. Briganti, Editorial Director, G2 Intelligence Once again, payments to physicians to induce referrals of lab tests has led to government enforcement efforts—but this time, the labs were … [Read more...]
