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Gambro Settles Medicare Billing Suit, Signs Corporate Integrity Agreement

This article was originally published in The Gray Sheet

Executive Summary

Gambro Healthcare US will record a second quarter charge of $355 mil. to cover a definitive settlement agreement with the U.S. Department of Justice, expected to be completed by December

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Dialysis firm will pay $355 mil. to settle charges related to renal care Medicare billing practices, upon entering into a five-year corporate integrity agreement. The deal finalizes a July preliminary understanding with the Department of Justice (1"The Gray Sheet" July 26, 2004, p. 13). Funds for the settlement were set aside in Q2...

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