In what was originally a qui tam case, the owner of a cataract lens manufacturer was found guilty of paying kickbacks to ophthalmic surgeons to induce their use of the defendants’ products in cataract surgeries. The kickbacks led to a total of 64,575 false claims to Medicare within a 9-year period.
The manufacturer was subsequently found guilty and is now responsible for paying back $43 million for violations of the FCA (False Claims Act) and AKS (Anti-Kickback Statute).
5600 Greenwood Plaza Blvd., STE 300, Greenwood Village, CO 80111
Copyright © 2023 HealthValue Group is an appraisal and consulting firm providing business valuations and fair market value opinions and is not a certified public accounting firm or a law firm. No information on this site should be considered a formal appraisal or opinion for a specific asset or service. No information on this site should be construed as a legal opinion or advise. All Rights Reserved.
Web Design by Red Spot Design