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Company: Medi-Lynx Cardiac Monitoring LLC, and Medicalgorithmics SA
Current Parent Company:
Medi-Lynx Cardiac Monitoring
Parent at the Time of the Penalty Announcement:
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Penalty: $2,890,000
Year: 2017
Date: June 26, 2017
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Violation Description: AMI Monitoring Inc., Medi-Lynx Cardiac Monitoring LLC, and Medicalgorithmics SA, the current majority owner of Medi-Lynx Cardiac Monitoring LLC, agreed to resolve allegations that they violated the False Claims Act by billing Medicare for higher and more expensive levels of cardiac monitoring services than requested by the ordering physicians. Spectocor and Bogdan agreed to pay $10.56 million, and Medi-Lynx and Medicalgorithmics agreed to pay $2.89 million.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Civil Division
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Texas
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: medical equipment and supplies
Specific Industry of Current Parent: medical devices
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.