Medical Device Maker, Government Reach Tentative $10M Settlement for Alleged Kickback Scheme
ELA Medical, a Plymouth, Minn.-based medical device maker, has reached a tentative $10 million settlement with the federal government to settle allegations of its involvement in an alleged kickback scheme, according to a Mass Device news report.
The DOJ started investigating ELA for the alleged kickback in 2006. ELA has been accused of paying illegal kickbacks to physicians who bought the medical company's pacemakers. Details of how kickbacks were paid to physicians and in what form were not disclosed in the report.
Despite the tentative agreement to settle, the company said it is not guilty of any wrongdoing. The settlement will likely become official in the third quarter, according to the report.
Read the Mass Device news report about ELA Medical's settlement.
Read other coverage about kickbacks:
- Indiana Family Practitioner Pleads Guilty to Prescription Fraud, Agrees to Testify Against Lab Owners He Accepted Kickbacks From
- South Texas Health Systems Paying $27M to Settle Physician Kickback Charges
- Wright Medical Resolves Investigations Into Alleged Kickback Scheme, Agrees to Pay $7.9M
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