Crown Medical Solutions and Its Owners to Pay $825,000 For Fraudulent Billing Scheme
Crown Medical Solutions LLC (Crown) and its owners, Michelle and Philanzo King, have agreed to pay $825,000 to resolve allegations that Crown and its owners violated the False Claims Act by submitting false claims for payment to Medicare.
What happened
Crown Medical Solutions LLC (Crown) and its owners, Michelle and Philanzo King, have agreed to pay $825,000 to resolve allegations that Crown and its owners violated the False Claims Act by submitting false claims for payment to Medicare.
Why it matters
The development may change operating conditions or market expectations around Regulation. Further confirmation and measurable outcomes matter.
Affected entities
View evidence
1 reports · 1 original report · 1 independent
- U.S. Department of JusticePrimary source · Supports · EN · 100%Crown Medical Solutions and Its Owners to Pay $825,000 For Fraudulent Billing Scheme ↗
Claims
- Crown Medical Solutions and Its Owners to Pay $825,000 For Fraudulent Billing Scheme Observed
Conflicts
No material conflict detected in the available evidence.
Timeline
- First reported
Market move following event
Market reaction is not yet available for this asset and time window.