$12 Million Settlement Involving Illegal Kickbacks
Attorney General Jack Conway announced Tuesday that Kentucky has joined with other states and the federal government in reaching a more than $12 million settlement with Victory Pharma, Inc. (VPI) to resolve allegations of an illegal kickback scheme. VPI paid the states and federal government $12.2 million in civil damages to compensate Medicaid, Medicare and various federal healthcare programs for harm suffered as a result of its conduct.
The settlement resolves allegations that San Diego, California based VPI paid unlawful kickbacks to health care professionals to induce them to prescribe four of its drugs
Since Attorney General Conway took office in January 2008, his Office of Medicaid Fraud and Abuse Control has recovered or been awarded more than $292 million dollars for the state and federal Medicaid programs.
Filed under: Kentucky | Politics | Economy | Health care