Oglethorpe Inc. and Top Executives Agree to Pay $32M to Resolve False Claims Act Allegations

Oglethorpe Inc., a Tampa-based psychiatric hospital operator, and its executives, including founder Robert Cohen, CEO John Picciano, and COO James O’Shea, agreed to pay $32 million to resolve allegations of violating the False Claims Act by failing to return Medicare overpayments for admissions to three Ohio facilities. The settlement addresses claims that the company knowingly retained improper payments from the Medicare program.