Eye Practice and Physician Owner Agree to Pay $350,000 to Resolve Allegations of False Claims to Medicare
BOSTON – St. Michael’s Eye & Laser Institute, a Florida ophthalmology practice, and Dr. John Michaelos, an ophthalmologist and owner of St. Michael’s Eye & Laser Institute, have agreed to pay $350,000 to resolve allegations that they caused the submission of false claims to Medicare in violation of the False Claims Act.
What happened
BOSTON – St. Michael’s Eye & Laser Institute, a Florida ophthalmology practice, and Dr. John Michaelos, an ophthalmologist and owner of St. Michael’s Eye & Laser Institute, have agreed to pay $350,000 to resolve allegations that they caused the submission of false claims to Medicare in violation of the False Claims Act.
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%Eye Practice and Physician Owner Agree to Pay $350,000 to Resolve Allegations of False Claims to Medicare ↗
Claims
- Eye Practice and Physician Owner Agree to Pay $350,000 to Resolve Allegations of False Claims to Medicare 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.