tci Medicare Compliance & Reimbursement - 2004 Issue 44

Enforcement Watch: Liberty Medical Forks Over $35 Million Settlement

Beef up your compliance plan to withstand fraud charges.Four years of government scrutiny is finally behind PolyMedica Corp. The Woburn, MA-based parent of Liberty Medical has announced a $35 million settlement with the Department of Justice and HHS Office of Inspector General over its "Medicare practices." The settlement also includes a corporate integrity agreement, PolyMedica says. Additionally, the company expects the U.S. Attorney's Office for the Southern District of Florida won't bring charges against PolyMedica. The company admits no wrongdoing as part of the settlement. The feds have been investigating Liberty for Medicare...

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