Archive for January 2023
DME Company Owner Found Guilty in Massive Kickback Scheme
A Chicago man faces up to 20 years behind bars for his part in a conspiracy to pay illegal kickbacks to generate business for his durable medical equipment (DME) pharmacy. Mark Sorensen, 53, was president and owner of Symed, a Medicare-enrolled durable medical equipment pharmacy. Prosecutors alleged that between 2015 and 2018, he illegally bought…
Read MorePharmacy Benefit Managers Target of Gov. DeSantis Proposal to Lower Drug Costs
Florida’s governor is taking aim at Pharmacy Benefit Managers (PBM). Earlier this month, Gov. Ron DeSantis announced legislation that he said would protect consumers and help in lowering the price of prescription drugs. A PBM is a third-party administrator of a prescription drug program that processes and pays prescription drug claims. They also are supposed…
Read MoreThe U.S. Attorney’s Office Middle District of Florida Nets $168M in Battling Fraud in FY 2022
The U.S. Attorney’s Office Middle District of Florida collected $168,330,189 related to criminal and civil matters in the fiscal year ending Sept. 30, 2022. Of that, $103,089,821 represents total collections in criminal and civil actions. The office further breaks it down stating that $43,048,067 was recovered in locally handled cases — $17,769,638 in criminal and…
Read MoreDOJ Cracks Down on Neurostimulator Fraud
A Texas podiatrist who conspired to submit false claims for the placement of electro-acupuncture devices has agreed to pay $90,000 to settle the case. He is the latest in a group of other medical professionals, along with a medical sales representative, alleged to have taken part in similar schemes. According to the U.S. Department of…
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