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NJ Hospital, Investors Agree to Pay Nearly $30M in Settlement Over Medicare Fraud

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Operators of a Newark hospital and some of its investors will pay nearly $30.6 million in a settlement with the federal government after the facility was accused of falsifying Medicare reports and getting unjustified reimbursements.

Silver Lake Hospital, a long term care facility, agreed to pay $18.6 million, plus interest, the U.S. Attorney’s Office announced Tuesday. The hospital’s investors agreed to pay $12 million, plus interest.

The hospital is owned by Columbus LTACH. It specializes in long-term acute care, according to legal records filed by the U.S. Justice Department.

Read more at News.law

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