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Hospital chain to pay $260 million to settle criminal charges for defrauding Medicare

Health Management Associates agreed to pay more than $ 260 million and entered a deferred prosecution agreement to settle criminal charges for allegedly paying physicians kickbacks and defrauding Medicare, Medicaid and other federal programs, the Justice Department said Tuesday. HMA, which was acquired by the for-profit hospital Community Health Systems in 2014, allegedly paid physicians… Read More »

Drug shortages may add $230 million to annual U.S. drug costs

(Reuters Health) – Prescription drug shortages may drive up prices twice as much as they would rise with medicines in abundant supply, adding $ 230 million a year to U.S. drug costs, a new study estimates. Researchers examined data on 90 medications involved in shortages between December 2015 and December 2016. They compared average wholesale… Read More »