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May 5, 2015

DaVita to Pay Record $495M in False Claims Act Suit

In what may be the largest settlement for an False Claims Act (FCA) case not brought by the government, DaVita Inc. has set aside $495 million to settle a suit involving allegations over reimbursements for its dialysis drug from the government and private insurers.

“Although we believe strongly in the merits of our case, we decided it was in our stakeholders’ best interest to resolve it,” DaVita’s Chief Legal Officer Kim Rivera said. “The potential mandatory penalties for being found in the wrong in even a small percentage of instances were simply too large.”

Read the full story here.

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