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DOJ drops Medicare fraud case against Fresenius

Thu, 01/03/2013 - 2:07pm
Mass Device

The U.S. Department of Justice dismisses a lawsuit against Fresenius Medical Care AG, which was accused of running a scheme to overcharge Medicare for kidney dialysis services.

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The U.S. Department of Justice dropped a lawsuit against Fresenius Medical (NYSE:FMS), which was accused of overcharging Medicare for kidney dialysis services.

The dismissal follows a federal appeals court's decision to vacate a ruling against Fresenius, which had lost a $83 million verdict in a lower court.

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