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HEALTH-CARE FRAUD – A Billion Dollar Business!

hospitalmoneySince 1986 False Claims Act judgments and settlements against fraud feasors have totaled over $20 billion.  Below are the top 20 recoveries to date.   NOTE  that all 20 of the top 20 are health-care and BIG Pharma related!   These are the very companies that you rely upon…   They all inform that are looking out for your health.   They bombard your every TV hour with ads informing you of the latest drugs and procedures they have to cure all the illnesses they conjure up and then promote…    It’s really your  pocket book that they are concerned about!

 

Please consider BOOKMARKING http://www.taf.org so as to be an informed consumer!

THE TOP 20

1- Tenet Heathcare — $900,000,000 under the False Claims Act
2- HCA — $731,400,000 under the False Claims Act
3- Merck – $650,000 under the False Claims Act
4- HCA — $631,000,000 under the False Claims Act
5- Serono– $567,000,000 under the False Claims Act
6- TAP [Taketa-Abbott Pharmaceutical] Pharmaceutical Products Inc. — $559,483,560 under the False Claims Act
7- Schering Plough — $255,000,000 under the False Claims Act
8- Abbott Labs– $400,000,000 under the False Claims Act
9- Fresenius Medical Care of North America (National Medical Care) — $385,000,000 under the False Claims Act
10- Cephalon – $375,000,000 under the False Claims Act
11- Bristol Myers Squib — $328,000,000 under the False Claims Act
12- SmithKline Beecham Clinical Laboratories Inc. doing business as GlaxoSmith Kline — $325,000,000 under the False Claims Act
13- HealthSouth — $325,000,000 under the False Claims Act
14- National Medical Enterprises — $324,200,000 under the False Claims Act
15- Gambro Healthcare — $310,000,000 under the False Claims Act
16- Schering-Plough– $292,969,482 under the False Claims Act
17- AstraZeneca Pharmaceuticals — $266,127,844 under the False Claims Act
18- St. Barnabas Hospitals — $265,000,000 under the False Claims Act
19- Bayer Corporation — $257,200,000 under the False Claims Act
20- Schering-Plough — $255,000,000 under the False Claims Act

You can read all the details regarding the fraud judgements & settlements here 

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  1. […] Verus Politics: Truth and Reason created an interesting post today on BHEALTH/B-BCARE/B FRAUD – A Billion Dollar Business!Here’s a short outline…billion.  Below are the top 20 recoveries to date.   NOTE  that all 20 of the top 20 are Bhealth/B-Bcare/B and BIG Pharma related!   These are… […]


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