On January 4, 2013, Texas Attorney General Greg Abbott announced that two civil Medicaid fraud settlements netted more than $36 million for the State of Texas. The settlement agreements announced resolved fraud claims by the State against Pfizer Inc. and Endo Pharmaceuticals.
The combined $36 million recovery for the State is in addition to attorney fees and relator shares that will also be assessed against Pfizer and Endo. Since Medicaid is jointly funded by the State and the federal government, the federal government is entitled to a share of the total monetary settlement.
For a complete copy of the press release and to view the settlement agreements, click here.