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BlueCross BlueShield of Tennessee will settle FCA suit

By Phillips & Cohen LLP

BlueCross BlueShield of Tennessee has agreed to pay the United States $2.1 million to settle charges that it violated the False Claims Act. According to the Justice Department press release, the settlement will resolve allegations that the company failed to adjust hospitals? cost-to-charge ratios in a timely manner in its role as the Medicare Part A fiscal intermediary for the state of New Jersey, resulting in overpayments.

Full post as published by False Claims Act - Qui Tam on August 12, 2008 (boomark / email).