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Amedisys Inc enters into settlement agreement - Form 8-K

Thursday, 24 Apr 2014 08:24am EDT 

Amedisys Inc:Enters into a settlement agreement which will resolve the pending civil investigation of the U.S. Department of Justice as well as the disclosure the company made to the Centers for Medicare and Medicaid Services in May, 2012, pursuant to that agency’s Stark Law Self-Referral Disclosure Protocol.Pursuant to the settlement agreement, the company will pay the United States the aggregate sum of $150 mln plus interest thereon from Oct. 4, 2013, at the rate of 2.25 pct per annum.The settlement agreement will also resolve allegations made against the company by various qui tam relators, who will be required to dismiss their claims with prejudice.Says it will be required to pay various relators’ attorneys’ fees and expenses in the aggregate sum of $3.9 mln. 

Company Quote

1.01 +4.00%
2:31pm EDT