A Richfield pharmacist who overbilled Medicare and Medicaid by about $3.3 million was disciplined by the Minnesota Board of Pharmacy, according to the board’s October newsletter.
Roy D. Katz was convicted in February 2010 of two misdemeanors after improperly dividing 30- to 90-day prescriptions into seven-day units in order to generate multiple dispensing fees. This occurred over the course of nine years while Katz was a pharmacy owner in Connecticut, the board said.
Since April 2010, Katz has been owner and pharmacist-in-charge at Custom RX Compounding Pharmacy in Richfield, the order stated.
Katz was reprimanded, fined $2,500 and told to take a class on preventing fraud. He is banned from working with Medicare and Medicaid until reinstated by those programs.
Terms of his criminal settlement require Katz and his Connecticut business to pay restitution in the amount of $1.25 million plus interest and other fees
More from Whistleblower
The Whistleblower column and blog are shutting down, but our commitment remains to investigating tips from readers.
A Baltimore couple and their company were ordered to pay back $616,000 to Spanish-speaking immigrants for immigration services that they were neither qualified nor authorized to provide, the Federal Trade Commission announced last week.
A company that labeled millions of Facebook users as a “jerk” or “not a jerk” is facing federal scrutiny after the agency said it improperly obtained information to create user profiles.
CenterPoint agreed last week to pay at least $192,500 to settle a lawsuit filed by the City of Minneapolis and various insurance companies after a gas explosion near a south Minneapolis Cub Foods in 2011.
A company accused of “mortgage scams” spent at least $2 million for a direct-mail campaign aimed at Minnesota veterans, according to the Minnesota Department of Commerce.