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R&R Insurance Blog

$611,250 Paid By Physician Group - They Had No Regulatory Compliance Coverage

Posted by the knowledge brokers

This group paid $611,250 to resolve their liability under the Civil Monetary Penalties (CMP) applicable to kickbacks and physicians self-referrals. They did not have regulatory insurance and were responsible for the entire fine.

More Civil Monetary Penalty Claims

For more information about Regulatory Compliance Insurance, contact a knowledgebroker.

Topics: Healthcare, regulatory insurance, kickbacks and physicians self-referrals, Civil Monetary penalties, CMP, REgulatory Compliance Coverage, Business Insurance

New Jersey Physician Absorbs Full Cost of Claim

Posted by the knowledge brokers

A Fairfield, New Jersey physician (now retired) paid $40,000 to resolve his liability under the Civil Monetary penalties provisions applicable to false claims and kickbacks. He did not have regulatory insurance and had to absorb the full cost.

More Civil Monetary Penalty Claims

For more information about Civil Monetary penalties or Regulatory Compliance Insurance, contact a knowledgebroker.

Topics: Healthcare, regulatory insurance, Civil Monetary penalties, Business Insurance