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Stryker, former division settle false claims allegations

Medical technology provider Stryker Corp., along with former outpatient therapy division Physiotherapy Associates, have agreed to pay $16.6 million to settle allegations that they'd submitted false Read more...

AZ hospital, MDs pay $6.7M to settle Medicare charges

An Arizona hospital and two affiliated medical groups have agreed to pay the U.S. Department of Justice $6.7 million to settle charges that they billed Medicare improperly. The DoJ had contended that Read more...

FL hospital sued over sale of $1.9B in bad debt

On the surface, the deal looked like a win-win. Giant Jackson Memorial Hospital would be able to sell--and make some money on--eight years worth of outstanding bills. Collector International Read more...

Smith & Nephew settles kickback charges

Orthopedic device maker Smith & Nephew has become the latest of a group of orthopedic device makers to settle kickback charges. The company agreed to pay $29 million to the U.S. Attorney for the Read more...

Medtronic faces more kickback accusations

Despite having spent $40 million to settle kickback charges, medical device maker Medtronic has continued to pay millions in consulting fees to spine surgeons, according to a whistle-blower involved Read more...

Tenet fights bankruptcy rumors

Tenet has been through many troubles, but until recently, no one had publicly suggested the hospital giant was in danger of capsizing. Now, a stock analyst has raised concerns--which the company has Read more...

HCA to pay $20M to settle shareholder suits

HCA has agreed to pay $20 million to settle a group of shareholder suits that accused the company of making misleading statements in early January 2005. The suits contended the execs spoke highly of Read more...
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Report: Young adults swell ranks of the uninsured

About 30 percent of the nation's estimated 44.4 million people without health insurance are 19-29 years old, making young adults the largest group of newly uninsured, according to a Commonwealth Fund Read more...

Small buy means big change for Tenet

Picking up a single 41-bed hospital usually isn't a big deal for a hospital chain the size of Tenet. But in this case, its acquisition of Hardeeville, S.C.-based Coastal Carolina Medical Center is a significant move, as it's Tenet's first acquisition in five years after years of focusing on existing properties. Executives with Tenet say the $35 million acquisition is a significant step for the company, which has been in turnaround mode for four years.

Tenet is only …

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AZ ambulance firm settles with US DOJ

Scottsdale, AZ-based ambulance firm Rural/Metro has settled with the U.S. Department of Justice over a pair of whistleblower suits alleging that it had offered kickbacks in exchange for Medicare and Medicaid business. Rural/Metro has agreed to pay $2.5 million to settle the 2000 and 2001 suits, which asserted that the company had offered discounts to Texas hospitals in return for contracts to provide services billable to the state and federal entities. (Competitor American Medical …

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