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Company: BioTelemetry Inc.
Current Parent Company:
Royal Philips
Parent at the Time of the Penalty Announcement:
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Penalty: $14,700,000
Year: 2023
Date: December 18, 2023
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Violation Description: BioTelemetry Inc. and its subsidiary, LifeWatch Services Inc. agreed to pay more than $14.7 million to resolve allegations that they violated the False Claims Act by knowingly submitting claims to federal health care programs for a higher level of remote cardiac monitoring than physicians had intended to order or that was medically necessary, thus inflating the level of reimbursement paid to LifeWatch.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Civil Division
Civil or Criminal Case: civil
HQ Country of Current Parent: Netherlands
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: diversified
Specific Industry of Current Parent: diversified
Source of Data:
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Archived Source:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.