Operators of a Newark hospital and some of its investors will pay nearly $30.6 million in a settlement with the federal government after the facility was accused of falsifying Medicare reports and getting unjustified reimbursements.
The hospital abused Medicare’s outlier payment system, in which the government reimburses a medical provider in cases where care costs are unusually high. The system was developed by Congress as a way to incentivize hospitals to treat patients whose care costs may be expensive, prosecutors said.
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The hospital abused Medicare’s outlier payment system, in which the government reimburses a medical provider in cases where care costs are unusually high. The system was developed by Congress as a way to incentivize hospitals to treat patients whose care costs may be expensive, prosecutors said.
N.J. hospital, investors agree to $30 million settlement over Medicare fraud
The hospital was accused of inflating its care costs to get higher Medicare reimbursements.
