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Healthcare and Life Science Companies Aware of But Not Prepared for Whistleblower Lawsuits, Survey Finds

Jan 20, 2015 - PR Newswire

 Many healthcare and life science companies are ill-prepared for federal "whistleblower" lawsuits under the False Claims Act despite their knowledge of the law and its potential consequences, according to a national survey sponsored byFoley Hoag LLP.

The False Claims Act empowers private citizen whistleblowers to file lawsuits against companies suspected of filing false claims for funds and property under government contracts, or under programs such as Medicare.

The survey, conducte...