Most Popular Stories
- New research says U.S. hospitals in trouble
- Humana slammed after posting 65 percent increase in third quarter profits
- MRSA invading hospitals through outpatient traffic
- 20 percent of diabetics are 100 pounds overweight, study concludes
- Changes in Medicare oxygen-supplier rules drive some providers to close
- Alabama MDs say state Blue plan hasn't followed class-action agreement
Featured Jobs
-
Physical Therapist
Makro Health - West Reading, PA -
Medical Director Job for West Virginia
StaffPointe, LLC - south of Wheeling, WV -
Senior Clinical Lab Technician- Histology
Makro Health - Carlsbad, CA -
Emergency Department Clinical Mgr Job in MD
StaffPointe, LLC - Baltimore, MD -
Clinical Coder
Penn Foster College - Phoenix
Events
- Harvard Business School 7th Healthcare Conference
January 30, 2010 - Security Audits: Is Your Organization Prepared and In Compliance?
Dec.3 at 12 pm CT
Paid Research Reports
- Pricing and Reimbursement in Key Asia Pacific Markets
- Delivery Mechanisms for Large Molecule Drugs: Successes and failures of leading technologies and key drivers for market success
- The Cardiovascular Market Outlook to 2013: Competitive landscape, global market analysis and pipeline analysis
- Intellectual Property and Outsourcing in China: Minimizing risk whilst maximizing return on investment
- Health Care Equipment & Supplies: Global Industry Guide
- 2009 Trends to Watch: Healthcare Technology
FEATURES >> YouTube | Top acute-care hospitals | Women in Health IT | Top BlackBerry Apps | Commentary
TOPICS >> Stimulus | Health Reform | CMS News | Finance | EMRs | Mobile Healthcare | Hospital Leadership Blog
Free Newsletter
FierceHealthcare is the leading source of healthcare management news for healthcare industry executives. Join 50,000+ healthcare industry insiders who get FierceHealthcare via daily email. Sign up today!
Popular Topics
- Medicare
- health plans
- Centers for Medicare and Medicaid Services (CMS)
- Insurance
- Electronic Medical Records (EMRs)
- Food and Drug Administration (FDA)
- Department of Health and Human Services (HHS)
- Medicaid
- American Medical Association (AMA)
- healthcare system
- health reform
- prescription drugs
- pharmaceutical companies
Medtronic Spine settles false claims charges for $75M
A subsidiary of Medtronic Spine agreed this week to pay the federal government $75 million to settle allegations that it caused submission of false claims to Medicare by a subsidiary. The allegations concerned Kyphon Inc., bought by Medtronic Spine in November 2007 for $3.9 billion after whistleblower allegations had already been made. In addition to the settlement,
Kyphon has entered into a Corporate Integrity Agreement with HHS's Office of Inspector General.
Kyphon was accused of submitting fraudulent claims for kyphoplasty procedures, minimally invasive surgeries used to treat compression fractures of the spine caused by osteoporosis, cancer or benign lesions. According to the allegations made by whistleblowers, Kyphon engaged in a marketing scheme that caused some hospitals to bill Medicare for inpatient kyphoplasties when cheaper outpatient procedures would have been clinically appropriate. The allegations came from two former Kyphon employees, who under the False Claims Act will receive a total of $14.9 million for having reported the allegations.
To learn more about the settlement:
- read this article from Business First of Buffalo
Related Articles:
Medtronic faces more kickback accusations
Medtronic will settle accusations on kickbacks
Medtronic sued over faulty defibrillator parts
Related Stories
- FL system settles federal claim over MD overpayments
- Tenet to undergo integrity monitoring
- Former Alvarado exec charged
- HHS rules change targets physician EMR adoption
- Measure proposes development of 'healthcare innovation zones'
- Federal law would further fight government healthcare fraud
- South Florida stands out as leader in Medicare fraud
- CMS won't have to disclose physician-specific Medicare data
- New CMS administrator be warned: Difficult challenges ahead
- Bayer settles 'cash for patients' allegations for $97.5 million
Comments
Post new comment
Home
| Subscribe | Advertise | Mobile Edition | RSS |
Privacy
| Site Map | List in Marketplace | Supplier MarketplaceTHE FIERCEMARKETS NETWORKFierceFinance | FierceFinanceIT | FierceComplianceIT | FierceHealthcare | FierceHealthFinance | FierceHealthIT | Hospital Impact | FierceMobileHealthcare | FierceCIO | FierceCIO:TechWatch | FierceContentManagement | FierceMobileIT | FierceGovernmentIT | FierceBiotech | FierceBiotech Research | FiercePharma | FierceVaccines | FierceBiotechIT | FiercePharma Manufacturing | FierceIPTV | FierceOnlineVideo | FierceTelecom | FierceVoIP | FierceBroadbandWireless | FierceDeveloper | FierceMobileContent | FierceWireless | FierceWireless:Europe© 2009 FierceMarkets, Inc. All rights reserved. |
![]() |





