The lawsuit alleges that the company paid physicians in gifts, trips, cash payments or free and discounted equipment to use their products in ophthalmologic procedures. Procedures were then reimbursed by Medicare and Medicaid.
Kickbacks paid to physicians include high-end skiing, fishing and hunting trips and tickets to football and golf championships.
After the seven-week trial, Precision Lenses was found liable for the submission of 64,575 false claims resulting in $43,694,641 in damages.