LV hospital operator settles false claims suits
Tuesday, March 20, 2001 | 11:08 a.m.
LOUISVILLE, Ky. -- Vencor Inc., a nursing home company emerging from bankruptcy, and its landlord Ventas agreed to pay $219 million to settle allegations of Medicare and Medicaid abuse, the government said Monday.
The settlement includes $104.5 million to resolve civil claims that Vencor knowingly submitted false claims to Medicare, Medicaid and the military's health care program, the Justice Department said.
Vencor operates 295 nursing homes in 31 states and 56 hospitals in 23 states, caring for 35,000 patients with 53,000 workers. It operates in Las Vegas.
The settlement was part of Vencor's reorganization plan, entered Friday in U.S. Bankruptcy Court in Delaware.
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