A Texas company that operates nursing care facilities will pay nearly $3.2 million to settle allegations of receiving kickbacks from ambulance companies.
Regent Management Services of Galveston oversees 11 nursing facilities across Texas.
Federal prosecutors in Houston announced the agreement on Nov. 30. Investigators say the company was accused of accepting kickbacks from various ambulance companies in exchange for rights to Regent’s more lucrative Medicare and Medicaid transport referrals.
Texas paid for some of the disputed Medicaid claims and will receive approximately $533,000 of the settlement. Authorities say Regent has also agreed to implement compliance reforms over the next five years.
Prosecutors say the claims resolved by the settlement are allegations only, with no determination of liability.
Was this article valuable?
Here are more articles you may enjoy.
Marine Insurers Cancel War Risk Cover as Iran Conflict Escalates 
Property, Auto Insurance Shopping Up as Consumers Feel Economic Pressures 
Insurance Gaps Leave Airlines Exposed as Iran Conflict Widens 
Westchester Close to Settling on Hurricane Sally Condo Claim That Topped $230M 
