Medical firm agrees to pay to resolve kickback allegations

Markets Associated Press

A Ewing-based remote cardiac monitoring company has agreed to pay $1.35 million to resolve allegations it paid kickbacks to physicians.

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Federal prosecutors say MedNet entered into "fee-for-service" or "direct bill" agreements with certain hospitals and physician clinics.

Prosecutors claimed MedNet allowed its customers to bill Medicare directly and retain reimbursements they received from Medicare, which exceeded the fee that MedNet charged.