A New Jersey Hospital, Investors Agree to Pay Nearly $30 Million in a Settlement Over Medicare Fraud

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 the source article at NJ.com