Medicrea To Pay $2M, Resolving Physician Kickback Claims
Device company Medicrea, which was recently acquired by Medtronic, is paying $2m to resolve allegations the company violated both the False Claims Act and the Open Payments Program.
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Medtronic has announced a deal to buy French spinal surgery company Medicrea for about €200m ($228m). The acquisition makes Medtronic the first company to offer an integrated AI-driven spinal surgery solution.
US Senate Finance Committee leaders say some physicians may have failed to disclose their physician-ownership interests in entities that offer medical supplies to the physician’s own practice, as required under the Physician Payment Sunshine Act. The legislators on March 19 prodded the Health and Human Services' Office of Inspector General (OIG) and the Centers for Medicare and Medicaid Services (CMS) to take a closer look into these arrangements.
Virtual and in-person events are planned for Washington, DC, and Minneapolis, MN, during the trade group gathering.