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MEDIFRAUD BONANZA

New York state recovered $263 million last year from prosecuting Medicaid fraud — more than doubling the damages collected in 2007, Attorney General Andrew Cuomo reported yesterday.

The 143 convictions and other settlements in 2008 covered scams involving drug companies, hospitals, home-health agencies and nursing homes.

Cuomo applauded the work of his Medicaid Fraud Control Unit.

Among the highlights:

* $41 million collected from Bristol-Myers Squibb to settle charges of illegal marketing and fraudulent pricing.

* $27.7 million from home-health agencies and employees charged with filing phony Medicaid claims.