$6M settlement resolves allegations of upcoding 

TranS1 Inc., a medical device manufacturer, will pay a $6 million settlement to the United States due to a civil violation of the False Claims Act when it knowingly told physicians the wrong billing code to increase their reimbursement rates from federal health care programs like Medicare and Medicaid. (Daily Record)

Read Full Article

July 16 // The Top 13 Sports Power Players In Maryland

Sports and athletics contribute to the area's economy, driving tourism dollars for the area as well as enhancing the overall quality of life. Focusing on Maryland residents specifically, a good question would be: Who are the people behind all of these important economic and community-building activities, and which ones are the most powerful among that select group? PressBox combined key factors to come up with an impact score for sports-industry leaders living in Maryland, and ranked them according to their score. See who makes the list, where they rank, and who misses the cut. (PressBox)

Read Full Article

Hopkins reclaims 'top hospital' ranking

Johns Hopkins Hospital is back on top — reclaiming bragging rights and a lucrative marketing chip as the nation's best hospital in the annual ranking released Tuesday by U.S. News and World Report. A year after being knocked from its 21-year perch atop the news organization's hospital ratings, Hopkins rebounded by edging out last year's winner, Boston's Massachusetts General Hospital. (Balt. Sun)

Read Full Article

O's hope to host 2016 All-Star Game

With the Orioles celebrating the inclusion of five players in this year's All-Star Game, the club also has its eye on hosting the 2016 game. The Orioles have expressed continual interest in having the midseason showcase at Camden Yards in three years, confirmed club spokesman Greg Bader. That would be 23 years after the ballpark last hosted an All-Star Game. (Balt. Sun)

Read Full Article

Maryland team visits China as part of background check for Pr. George’s casino

A team of Maryland gambling regulators and law-enforcement officers spent several days in China last week as part of an ongoing investigation into the suitability of MGM Resorts to operate a casino in Prince George’s County, according to a person familiar with the trip. MGM officials said last year that they fully expected Maryland regulators to examine the company’s relationship with Pansy Ho but said they were confident the review would not derail MGM’s efforts to build and operate an $800 million “luxury resort” at National Harbor, the 300-acre mini-city on the banks of the Potomac River. (Wash. Post)

Read Full Article

United Therapeutics proposes to expand Silver Spring campus

A Silver Spring company is looking to build the county’s first net zero facility, a building that would produce enough energy to sustain itself annually. United Therapeutics —a biotechnology company that works on the development and commercialization of unique medical products — is expanding its campus with the new facility on the corner of Spring Street and Colesville Road in downtown Silver Spring. (Gazette)

Read Full Article

Baltimore-area credit unions among largest mortgage originators

Three Baltimore-area credit unions were among the 300 largest originators of mortgages last year, according to an industry group. SECU placed 29th in the ranking by the American Credit Union Mortgage Association. The Linthicum-based credit union originated 2,973 first mortgages — both fixed-rate and adjustable-rate — worth a combined $619.3 million in the 12 months ended Dec. 31. (Balt. Bus. Journal)

Read Full Article

Monument Realty teams with Angelo, Gordon on North Bethesda office project

Monument Realty is teaming up with Angelo, Gordon & Co. to launch a $10 million renovation of Executive Plaza, a two-building office complex in North Bethesda slated to be vacated in September when the National Cancer Institute relocates to a new headquarters in Rockville. Monument Realty Principal Michael Darby said he hopes the project will position Executive Plaza to capture new tenants seeking large blocks of space in Montgomery County. (Wash. Bus. Journal)

Read Full Article