Texas Receives $10M In Medicaid Fraud Settlement
Get Breaking News First
DALLAS (CBSDFW.COM) – The Texas state attorney general’s office has recovered millions of dollars from a drug maker in a case of Medicaid fraud.
Fougera Pharmaceuticals Incorporated agreed to a nearly $23 million settlement with the state and federal government. Because the Medicaid program is jointly funded by Texas and the federal government, Texas will receive $10 million.
Tom Kelley with the State Attorney General’s office says investigators found the company committed fraud by reporting inflated drug prices to Medicaid over several years.
“Since 2002, the Civil Medicaid Fraud Division’s recoveries for the State of Texas have reached close to $500 million dollar for taxpayers,” says Kelley.
Fougera is the New York based subsidiary of Sandoz Incorporated.
(©2013 CBS Local Media, a division of CBS Radio Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)
- Ponder Man Sentenced To Life In Murder For Hire Plot
- Gas Prices Drop A Penny Across Texas
- McRaven Confirmed As UT System Chancellor
- Perry Open To Sending US Troops To Iraq
- Keselowski Gets 1st NASCAR Truck Series Win
- Sasquatch Genome Project Reveals Bigfoot Photos
- Tricks To Using The New iPhone Software
- Enter The ‘Show Your Spirit’ Sweepstakes
- Mexican Monster Truck Wreck Kills 8, Hurts Dozens
- Nolan, Daniels Involved In Heated Confrontation
- PHOTOS: Your Pet Pictures