Medtronic's $60M in fraud, kickback settlements: A timeline

Since 2011, Medtronic and its subsidiaries have paid more than $60 million in settlements related to kickback schemes and fraud claims, according to a July 12 report from CNBC.

Most recently, the medical equipment company was caught in a whistleblower suit alleging that its sales representatives operated a yearslong bribery scheme at a Kansas veteran's hospital. 

A timeline of Medtronic's past settlements: 

2011: Medtronic paid $23.5 million to settle physician kickback claims. 

2015: A Medtronic affiliate, ev3, paid $1.25 million to resolve false claims allegations that it led to the unnecessary admission of patients related to atherectomy procedures. 

2018: Medtronic paid $13 million to settle kickback claims that originated from its affiliate, Covidien. Medtronic alleges that the misconduct took place before it acquired the company. 

2019: Medtronic paid over $17 million after a Covidien physician offered discounted and free marketing to physicians using its products. 

2020: Medtronic paid over $8 million to settle kickbacks allegedly paid to a neurosurgeon.

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