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15 Jan 12 LabCorp Under Investigation for Medicaid and Medicare Fraud

LabCorp Medicaid and Medicare FraudLabCorp has been sued and is under Federal investigation for Medicaid and Medicare fraud.  In addition, it’s under scrutiny by the U.S. Senate Finance Committee who is investigating Medicare and Medicaid fraud. Laboratory Corporation of America was ordered to hand over its financial records to the U.S. Senate.

A lawsuit was filed on behalf of the Federal government that claims LabCorp operated a “pull-through” scheme to force doctors covered by insurers to use LabCorp for all medical testing viagra uk buy. The suit claims LabCorp (NYSE: LH) offered illegal discounts to doctors in exchange for referring all their patients who need laboratory testing to the company.  According to federal anti-kickback laws, it’s illegal for health care companies to directly or indirectly compensate other parties to encourage them to order any service paid for by the federal health care programs.

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Under federal law, companies can’t charge or participate in the Medicare or Medicaid program if they violate federal laws. The suit claims LabCorp charged Medicaid and Medicare more than $1 billion, which is about 20% of the companies total income. If LabCorp is found guilty they will not be allowed to conduct lab tests on anyone covered by Medicaid and Medicare, which is a large portion of LabCorps testing income.

On other news, LabCorp secured a new credit line of $1 billion. What a coincidence.

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Reader's Comments

  1. |

    Perhaps the loan is to help pay LabCorp’s CEO David King’s compensation, over $9 Million alone in 2009 and averaging at least $14 Million over the most recent 5 yr. period.

    Gee – wonder why health costs are high?

    Source: Forbes

  2. |

    I am happy to see LabCorp got sued. Something not right with them! I got their 3rd invoice today 3/16/2012 after I have paid directly to my doctor office 6 months ago dated on 8/26/2012. When I got their 2nd invoice on 9/24/2012, I called my doctor office. Then my doctor office called LapCorp, and I was told the invoice was a mistake. I don’t know what wrong with their billing dept. I feel like they are trying to scam money from me. The erroneous invoices are totally harassment. I will never deal with them again!

  3. |

    I worked for labcorp in 1997, the supervisor gave the title has a site manager but not the pay so I went to another job that gave better pay. 15 years later I worked for them again has a temp. and helped to traing their employees. I applied for a Supervisor position and came close to interview and was told since I did not give proper notice that I was not eligable for re hire from 15 years ago. What type of mess is this people need work and this compnay is holding on from 15 years ago.

  4. |

    I was recently hired by LabCorp to work in a clinic drawing blood. I have about 10 yrs experience in phlebotomy and over 25 yrs in the medical field altogether. After working for LabCorp for two weeks I was let go. The reason was because a client didn’t like me and said I was untrainable. Another factor which led to my dismissal was that I was half an hour late one day and the person training me did not let me know to call my supervisor asap. I was supposed to work with an MLT that does not work for LabCorp. The MLT did not like me and that is the real reason I was fired. When I had questions she seemed annoyed that either I should know the answer or that she didn’t and did not want to appear ignorant. I found the management to be two faced and without any authority besides pushing paper. Although I am confident in my skills and know I did nothing wrong I am glad that I am no longer working for them since LabCorp did not support me at all and placed the client above the employee. I am also aware of them hiring others that have absolutely no experience in phlebotomy whatsoever. They have no respect for people as individuals and lead people to think that they care when in fact they don’t.

  5. |

    I believe there is a lot of Medicaid fraud. I am a nurse and wrkoed for a doctor in his office where for one instance, some of the girls (pregnant and otherwise) that came in had a Medicaid card in one name and telling that wasn’t their name anymore because they had gotten married. We would tell them they needed a card with their actual legal name on it before we could see them. However, I know of times other doctors seen the patients we turned away and just put them down as the name they had on the Medicaid card. There should be something in place that follows up on these people and demands the doctors, hospitals and anyone else that knows of the info being inconsistent being required to report it. The way it is, some doctors and hospitals, (I am guessing here), are fearful of the money (little that they actually collect on from Medicaid)it will take from them. Others are probably to lazy to do their jobs and it is just easier to not report it. Trust me there are more than just this scenario.

  6. |

    The system as a whole works quite well in America. However, to totlaly deconstruct such a highly diverse network at this point would be costly beyond comprehension. The biggest problem with MEDICAID is that their is no reasonable way to justify claims from barely manageable numbers of people on the existing program. A sub-agency must be put in place to police any fraudulent future claims though. An equally difficult concern is rampant illegal immigration. It has cost U.S. tax-payers dearly for the health care (and education) for untold millions of undocumented people. I am reluctant to say this as a new U.S. citizen (following proper channels and 3+ years waiting time), but stringent border control is a necessity at this juncture. I truly believe this, and raising co-payments is at least a partial answer.

  7. |

    Under federal law, companies can’t charge or participate in the Medicare or Medicaid program if they violate federal laws. The suit claims LabCorp charged Medicaid and Medicare more than $1 billion, which is about 20% of the companies total income. If LabCorp is found guilty they will not be allowed to conduct lab tests on anyone covered by Medicaid and Medicare, which is a large portion of LabCorps testing income.

  8. |

    via LabCorp yet to comply with Senate request, respond to federal lawsuit | labcorp, customers, senators – Burlington Times News .

  9. |

    This long-running Medicare and Medicaid fraud has generated billions in profits for the companies, turning them into market leaders at taxpayers’ expense, said Karen Hinton, a representative for NPT Associates and Fair Laboratory Practices Associates, plaintiffs in federal lawsuits against Quest and LabCorp.

  10. |

    After being selected for a “random” test and being told explicitly that this would not cast me anything, there will be NO out of pocket expense, numerous times, I was then billed some hefty charges for each test performed by AFTS labs. My doctor’s office then told me they would take care of the matter which of course never happened so I was left there hanging with a $233.07 bill to deal with on my own and an apology from my doctor’s office, assurance they will no longer use these companies, and of course the apology. AFTS

    So if the way they treat their customers is any indication routinely lie to them what do you think of when they are dealing with their employees?

    AFTS Labs are run by a bunch of liars & thieves who could care less about you and I !

    Run Away as Fast as you can!



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