Medical firm agrees to pay to resolve kickback allegations

MarketsAssociated Press

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

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

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