Federal Oversight of Orthopedic Device Companies Ends
The U.S. Attorney's office office has ended 18 months of federal oversight of orthopedic device manufacturers Zimmer, Depuy Orthopaedics, Biomet Orthopedics, Stryker and Smith & Nephew, according to a report by the Star-Ledger.
The U.S. Attorney's office charged the companies with violating federal anti-kickback statutes in 2007. The companies avoided prosecution by agreeing to strict compliance procedures and federal monitoring.
Zimmer, Depuy, Biomet and Smith & Nephew remain subject to the terms of separate agreements entered into with the Office of Inspector General of the Department of Health and Human Services until 2012.
Read the Star-Ledger's report on the end of federal oversight for orthopedic device companies.
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