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DOJ settles CityMD Covid fraud allegations for $12 million - TL;DR CNBC

DOJ settles CityMD Covid fraud allegations for $12 million

Publishing timestamp: 2024-06-08 13:10:52


Summary

Walgreens-backed CityMD will pay $12.04 million to settle Covid fraud allegations brought by Department of Justice for submitting false claims for Covid tests designated for uninsured patients, even when patients had health insurance. CityMD patient who initially brought fraud allegations will receive over $2 million of settlement. CityMD denies allegations but settled to avoid prolonged litigation.


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Keywords: social issues,  walgreens boots alliance inc,  labor economy,  politics,  products and services,  business news,  lawsuits,  elections,  crime,  government and politics,  breaking news: politics,  defense,  securities fraud,  health care industry, 

Source: https://www.cnbc.com/2024/06/08/doj-citymd-covid-fraud-settlement-12-million.html


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