Ortho Industry Reaches $311 Mil. Settlement With DoJ On Kickback Charges
This article was originally published in The Gray Sheet
Executive SummaryFour major hip and knee implant manufacturers will pay the government a total of $311 million to settle anti-kickback claims resulting from a two-year Department of Justice and HHS investigation into the companies' financial relationships with surgeons, the New Jersey U.S. Attorney's office announced Sept. 27
You may also be interested in...
Erinn Hutchinson, a Philadelphia-based health industries risk consultant with PricewaterhouseCoopers LLP, talked to Medtech Insight about how she advises medical device companies – big and small – trying to market devices in a dynamic legal compliance environment.
NuVasive revealed June 30 that it was recently subpoenaed by OIG as part of an investigation into potentially false or improper Medicare and Medicaid claims. The company’s stock price fell more than 12 percent July 31, the day after its second quarter earnings report.