tci Medicare Compliance & Reimbursement - 2007 Issue 40
OIG ALERT: There's Gold In Them There Knees, Hips
Ortho device makers pay $311 million to settle anti-kickback chargesFederal prosecutors are coming down hard on consulting arrangements between surgeons and device manufacturers.Replacement knees and hips are a booming market for device manufacturers as the hard-trotting baby boomers wear their bodies down, reports The Wall Street Journal.Four orthopedic device makers have paid a total of $311 million to settle allegations from the HHS Office of Inspector General (OIG) and the Department of Justice, announced New Jersey U.S. Attorney Christopher J. Christie in a Sept. 27 press release."Financial inducements in the form of consulting agreements were...
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