Medtronic to Pay 23.5M for False Claims Settlement—12/13/11

Medtronic will pay $23.5 million to settle DOJ allegations of illegal kickbacks and wrongful use of cardiac implants, but will not admit any misconduct. DOJ civil division Tony West states, “Kickbacks, like those alleged here, distort sound medical judgments with financial incentives paid for by the taxpayers.” Medtronic’s Dr. Marshall Stanton states that Medtronic is happy to have the investigation behind them.

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