The Corporate World - Written by Beasley Allen on Thursday, October 6, 2011 11:16 - 0 Comments

Boston Scientific To Pay $9.25 Million In Whistleblower Settlement

Corp.’s Guidant LLC unit will pay $9.25 million to settle a whistleblower’s claim that the company over-billed the U.S. and private hospitals for heart pacemakers and defibrillators. The U.S. Justice Department said the ends a filed against Guidant by a former sales agent, Robert A. Fry, in federal court in Nashville, Tennessee.

It was contended that Guidant reneged on credits owed to the U.S. Department of Veterans Affairs for replacement of units still under warranty and is accused of over-charging hospitals for the devices, causing them to over-bill Medicare. In a statement by the Justice Department, it was stated that “overcharging for lifesaving medical devices wastes taxpayer dollars.” That’s certainly very true and is something that can’t be tolerated.

Source: Bloomberg News

Leave a Reply


Comments are moderated and generally will be posted if they are on-topic and not abusive.

Powered by WP Hashcash

Recent Settlements - Feb 9, 2012 7:09 - 0 Comments

Settlement In BTSI Defect Case

More In Recent Settlements

Product Liability - Aug 14, 2015 14:18 - 0 Comments

Texas Town Files Suit After Wind Turbines Send Blades Flying

More In Product Liability

Recalls Update - Aug 24, 2015 10:08 - 0 Comments

Stella & Chewy’s Recalls Products Due To Possible Health Risk

More In Recalls Update