Minneapolis ophthalmic company to pay $12M to settle kickback allegations

Minneapolis-based Sightpath Medical is paying the government $12 million over allegations claiming the company offered physicians illegal kickbacks, according to Star Tribune.

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Here are five things to know:

1. The U.S. attorney’s office filed allegations claiming the company offered physicians kickbacks in exchange for their business for almost 10 years. The company allegedly took potential clients on skiing vacations as well as golfing, hunting and fishing trips.

2. The U.S. attorney’s office accuses Sightpath of increasing its Medicare and government healthcare program payments by providing kickbacks to physicians.

3. Sightpath allegedly signed agreements with physicians and their practices, promising to provide services the company did not perform or never correctly documented.

4. Sightpath released a statement saying the company is “pleased to resolve this civil matter and move forward with a focus on helping our physicians and facilities provide exceptional patient care.” The company said it did not “admit to any wrongdoing as part of the settlement agreement” in the statement.

5. As per the deal’s terms, Sightpath signed a five-year corporate integrity agreement with the Office of Inspector General.

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