Judge Blasts $8M Deal To End WakeMed Medicare Fraud Suit

Law360, New York (January 18, 2013, 4:38 PM EST) -- A North Carolina federal judge on Thursday reportedly blasted an $8 million settlement and deferred prosecution agreement between WakeMed Health & Hospitals and the U.S. government over Medicare overbilling allegations, calling the deal a “slap on the hand” for a “too big to fail” company.

U.S. District Judge Terrence Boyle declined to approve the settlement and the deferred prosecution agreement that federal prosecutors reached last month with Raleigh, N.C.-based WakeMed, saying that he was angry no criminal charges were filed in the case, according to a...
To view the full article, register now.