HealthSouth Reaches $325 Mln Settlement
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HealthSouth Corp. HLSH.PK, a  health-care company that is trying to emerge from an accounting  scandal, said on Thursday it agreed to pay $325 million to  settle federal charges that the company overbilled Medicare.
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BIRMINGHAM, Alabama  - A Federal judge on Tuesday   sentenced former HealthSouth Corp.HLSH.OB Chief Financial   Officer Michael Martin to 36 months in prison, marking the   third time he has been sentenced for his part in a $2.7 billion   accounting scandal that rocked the company.
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IBM (Quote, Chart) has agreed to pay $300 million to settle most of the claims in a class action lawsuit related to its pension plan, the company announced today.
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More than 3,000 former users of  Merck & Co's  withdrawn Vioxx pain drug have already  signed up to take part in a $4.85 billion settlement deal that  a federal judge on Friday declared was in the best interests of  both sides.
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HealthSouth Corp. HLSH.PK, an  operator of rehabilitation, diagnostic imaging and surgery  centers, on Tuesday said it hired the former chief executive of  U.S. Can Co. to be its chief financial officer.
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More than 3,000 former users of Merck & Co's  withdrawn Vioxx pain drug have already signed up to take part in a $4.85 billion settlement deal that a federal judge on Friday declared was in the best interests of both sides.
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Ziff Davis - A SCO spokesman says the company has completed its arranged settlement with its former financial backer without fanfare.
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HealthSouth Corp. , the biggest operator of rehabilitation centers, posted a smaller quarterly loss on improved pricing in its inpatient hospitals.
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HealthSouth Corp. HLSH.PK, a  health-care company that is trying to emerge from an accounting  scandal, said on Thursday it agreed to settle for $325 million  federal charges that the company overbilled Medicare.
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COLUMBIA, S.C. -- A company that made contaminated pet food that killed dozens of dogs nationwide will pay $3.1 million in a settlement with pet owners, an attorney said Friday.
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BIRMINGHAM, Ala.  - HealthSouth Corp.'s physical  therapy centers and other facilities sent accurate financial  reports to company headquarters, where accountants would cook  the books to make the numbers look better, a forensic  accountant told a federal court on Friday.
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Pharmaceutical services company   AmerisourceBergen Corp. ABC.N said on Monday it has agreed to   buy Health Advocates Inc. for about $83 million in cash in a   move that will expand its workers' compensation business.
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WASHINGTON -- The Internal Revenue Service announced Monday that it had settled a dispute with the pharmaceutical giant GlaxoSmithKline Holdings (Americas) under which Glaxo will pay $3.4 billion in the largest tax dispute in IRS history.
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Merck & Co. Inc.  has agreed to pay $2.3 billion to settle a tax dispute with the U.S. Internal Revenue Service, the drugmaker said on Wednesday, but other tax disputes with U.S. and Canadian authorities totaling $3.26 billion remain unresolved.
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NEWARK, New Jersey  - Federal prosecutors in New Jersey said on Thursday they have reached a $311 million settlement with companies in the medical device implant industry.
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HealthSouth, the Alabama-based chain of rehabilitation hospitals, got a $440 million tax refund based on taxes it paid on profits that were not real.
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HealthSouth Corp. has agreed to pay the US government $325 million to settle numerous allegations that the company defrauded Medicare and other government health programs, the Justice Department said yesterday.