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Tuesday, September 13, 2011

Maryland Company To Pay $150M In Health Fraud Probe

NEWARK, N.J. (AP) — A Maryland-based health care company accused of defrauding Medicaid and other federal programs will pay $150 million in a settlement announced Monday.

Maxim Healthcare Systems is a health care staffing agency based in Columbia, Md., with offices in more than 40 states. Under the agreement with federal prosecutors announced Monday, Maxim will pay a criminal penalty of $20 million and civil penalties totaling approximately $130 million to Medicaid programs and the Veterans Affairs program.

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2 comments:

Anonymous said...

If they defrauded $2 billion then they should have to pay back the whole amount, not just $150 million.

Anonymous said...

I agree with 10:28 Anon.
I also believe this is just the tip of the iceberg.