Home > Profile > St. Jude Medical: The Leader… in Kickback Investigations

St. Jude Medical: The Leader… in Kickback Investigations

Another DOJ cardiac kickback investigation for St. Jude

 

This from Fierce Medical:

“St. Jude Medical ($STJ) is under the Department of Justice microscope again for alleged kickbacks given to physicians for implanting its cardiac devices in patients, the company said in a regulatory filing.

It is the third ongoing governmental probe initiated against St. Jude Medical since 2010, according to an expanded quarterly report filed with the SEC. In early 2011, the company agreed to pay $16 million to settle claims related to a similar kickback scheme. That investigation lasted 5 years… “

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