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<p>[QUOTE="Anonymous, post: 5228694"]WHAT A BUNCH OF CROOKS!!!</p><p><br /></p><p>42 million global resolution to resolve investigation into the marketing and sale of bone growth simulators </p><p><br /></p><p>BOSTON - American medical device manufacturer Orthofix, Inc. has agreed to pay over $42 million to resolve criminal and civil liability arising from the illegal promotion of its bone growth stimulators Orthofix Spinal-Stim, the Orthofix Cervical-Stim and the Orthofix Physio-Stim.</p><p><br /></p><p>Pursuant to the plea agreement, Orthofix has agreed to plead guilty to an Information charging it with a felony, namely obstruction of a federal audit. As set forth in the Information, for years Orthofix manipulated Certificates of Medical Necessity, an important form required by Medicare to be signed by a physician attesting that the bone growth stimulator was medically necessary. Medicare accounted for approximately 25% of Orthofix’s bone growth stimulator business. Orthofix manipulated these Certificates of Medical Necessity in a number of different ways, including: (a) having Orthofix sales representatives fill out the entire form, including the medical necessity section; (b) forging physicians’ signatures in the section of the form certifying the physician’s belief that the device was medically necessary; (c) filling out or improperly coaching the physicians’ staff to fill out the estimated length of need field as “9 months” for every patient without regard to the physician’s medical judgment about an individual patient’s estimated length of treatment.[/QUOTE]</p><p><br /></p>
[QUOTE="Anonymous, post: 5228694"]WHAT A BUNCH OF CROOKS!!! 42 million global resolution to resolve investigation into the marketing and sale of bone growth simulators BOSTON - American medical device manufacturer Orthofix, Inc. has agreed to pay over $42 million to resolve criminal and civil liability arising from the illegal promotion of its bone growth stimulators Orthofix Spinal-Stim, the Orthofix Cervical-Stim and the Orthofix Physio-Stim. Pursuant to the plea agreement, Orthofix has agreed to plead guilty to an Information charging it with a felony, namely obstruction of a federal audit. As set forth in the Information, for years Orthofix manipulated Certificates of Medical Necessity, an important form required by Medicare to be signed by a physician attesting that the bone growth stimulator was medically necessary. Medicare accounted for approximately 25% of Orthofix’s bone growth stimulator business. Orthofix manipulated these Certificates of Medical Necessity in a number of different ways, including: (a) having Orthofix sales representatives fill out the entire form, including the medical necessity section; (b) forging physicians’ signatures in the section of the form certifying the physician’s belief that the device was medically necessary; (c) filling out or improperly coaching the physicians’ staff to fill out the estimated length of need field as “9 months” for every patient without regard to the physician’s medical judgment about an individual patient’s estimated length of treatment.[/QUOTE]
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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Medical Equipment/Device Sales
>
DJ Orthopedics
>
Ol 1000 or Orthofix Stimulator
>
Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Medical Equipment/Device Sales
>
DJ Orthopedics
>
Ol 1000 or Orthofix Stimulator
>