RegulationPrimary source

Medicare Advantage Provider Monogram Health Agrees to Pay $2.4M to Settle False Claims Act Suit

Monogram Health Professional Services PC and Monogram Health Inc., (Monogram Health), headquartered in Tennessee, have agreed to pay $2.4 million to resolve allegations that they violated the False Claims Act by causing the submission of false diagnosis codes in order to increase payments that they received from the Medicare Advantage program.

What happened

Monogram Health Professional Services PC and Monogram Health Inc., (Monogram Health), headquartered in Tennessee, have agreed to pay $2.4 million to resolve allegations that they violated the False Claims Act by causing the submission of false diagnosis codes in order to increase payments that they received from the Medicare Advantage program.

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

  1. U.S. Department of JusticePrimary source · Supports · EN · 100%
    Medicare Advantage Provider Monogram Health Agrees to Pay $2.4M to Settle False Claims Act Suit

Claims

  • Medicare Advantage Provider Monogram Health Agrees to Pay $2.4M to Settle False Claims Act Suit Observed

Conflicts

No material conflict detected in the available evidence.

Timeline

  1. First reported

Market move following event

Market reaction is not yet available for this asset and time window.

Score explanation

Confidence · formula confidence-2.1.0
Source trust97
Independent corroboration51
Primary evidence100
Claim consistency82
Extraction confidence82
Attribution quality90
Impact · formula impact-2.1.0
Event magnitude45
Market relevance88
Entity significance42
Market breadth45
Novelty68
Urgency53
capital magnitude24
Ranking · formula rank-1.0.0
Confidence factor0.9235
Freshness factor0.93
Breaking bonus0
Medicare Advantage Provider Monogram Health Agrees to Pay $2.4M to Settle False Claims Act Suit | IntelCap