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MN-Based Company Agrees to $487M Settlement Over Medicare Fraud Case

Money underneath legal gavel.

A federal judge in St. Paul has ordered a medical products company and its owner to pay $487 million to settle allegations that it defrauded Medicare.

The judgment comes after nearly a decade of litigation that an industry whistleblower and the Justice Department brought against Precision Lens.

In 2013, Kipp Fesenmaier sued Sightpath, Precision Lens and a third company, TLC Vision, under the False Claims Act. Sightpath and Precision Lens are headquartered in the same building in Bloomington, Minn.


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