• Medical Device Companies Next Target for Major Federal Fraud Enforcement
  • July 8, 2003 | Authors: Christopher A. Myers; Michael Manthei
  • Law Firms: Holland & Knight LLP - McLean Office ; Holland & Knight LLP - Boston Office
  • Medical device company executives and boards of directors should take immediate steps to examine their company's current marketing, continuing medical education, discount pricing and consultant arrangements with physicians, hospitals and others in a position to refer business. Federal prosecutors in Illinois recently unsealed the first of what they promise will be many indictments alleging hundreds of millions of dollars in Medicare, mail and wire fraud by medical device companies.