Five charged in $600M spinal surgery fraud scheme

The former chief financial officer of a California hospital is one of five people charged in a $600 million healthcare kickback scheme. All five have agreed to cooperate in the investigation, which involved a series of fraudulent billings for spinal surgeries, which prosecutors refer to as "Operation Spinal Cap," according to the Department of Justice. James Canedo, the former CFO of Pacific Hospital, has pleaded guilty to fraud and other changes. Under the terms of their plea agreements, all five will face prison terms and pay restitution. Read the full article at FierceHealthPayerAntiFraud