The federal government has agreed to pay $666 million to more than 660 hospitals that sued for Medicare back payments. The settlement, brokered late Tuesday, took nearly two years to settle, involved hospitals nationwide and stemmed from changes to Medicare reimbursement policy made more than 20 years ago. Akin Gump partner John Jacob, a lead attorney for the hospitals, said Wednesday that the "hard-negotiated" settlement allowed the parties to avoid years of intensive audits and litigation.
Government Reaches $666 Million Settlement With More Than 660 Hospitals Over Medicare Back Pay
The Associated Press
March 13, 2008