Tuesday, December 13, 2011

Corporate Greed strikes again

The AP (12/12) reported, "Medtronic Inc., the world's largest maker of medical devices, has agreed to pay $23.5 million to settle allegations that it paid kickbacks to doctors to implant its pacemakers and defibrillators, the US Justice Department said Monday." Federal prosecutors "alleged that Medtronic caused false claims to be submitted to Medicare and Medicaid by using two post-market studies and two device registries as vehicles to pay illegal kickbacks to doctors. 'Medicare and Medicaid beneficiaries depend on their physicians to make decisions based on sound medical judgment, especially when they are choosing which pacemaker or defibrillator to implant,' B. Todd Jones, US attorney for Minnesota, said in a statement."