Mercy Medical Center has agreed to pay a $14.8 million fine for allegedly providing financial benefits to an investment company that holds a stake in the hospital’s ambulatory surgery center (ASC). The U.S. Department of Health and Human Services’ Office of Inspector General (HHS-OIG) said the Cedar Rapids, Iowa-based Mercy Medical Center self-disclosed its violation of the Civil Monetary Penalties Law. OIG alleged that the Catholic hospital paid “fees and expenses identified in the … [Read more...]