Center for Vascular Medicine Agreed to Pay $107,000 for Allegedly Violating the Civil Monetary Penalties Law by Paying Remuneration in the Form of Referral Based Compensation
After it self-disclosed conduct to OIG, Center for Vascular Medicine, LLC (CVM), with multiple locations in Maryland, Virginia, and New Jersey, agreed to pay $107,461.50 for allegedly violating the Civil Monetary Penalties Law. OIG alleged that CVM paid remuneration to a practice management company, which was owned in part by a physician who referred patients to CVM. Specifically, OIG alleged that CVM paid the practice management company a free based on a percentage of net patient revenue, the physician referred patients to CVM, and the physician received compensation from the practice management company based in part on his referrals to CVM.
Action Details
- Date:February 27, 2023
-
Enforcement Types:
- Fraud Self-Disclosures