Search for: "Kyphon, Inc."
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23 May, 2008 2:06 pm
... by two former employees who will receive a total of $14.9 million in the qui tam suit. The government alleged that Kyphon Inc, which was bought by Medtronic Spine, was
involved in submitting fraudulent claims for it's kyphoplasty procedure. The minimally invasive surgery is used to treat compression fractures of the spine caused by osteoporosis,
cancer, or benign lesions. Kyphon engaged in a seven-year marketing scheme that resulted in certain hospitals falsely billing Medicare for certain ...
4 Aug, 2008 3:59 pm
A large legal settlement has resulted due to negligent overpricing that came from the company Kyphon Inc. The company engaged in fraudulent medical device sales by
inflating the prices of equipment used in back surgery. Patients who underwent back surgery known as kyphoplasty as a result were paying higher prices for the surgery. Negligent doctors
and negligent hospitals were keeping patients ...
19 Oct 6:07 pm
... lawsuits pursued against Medtronic Spine LLC, who settled this portion of the qui tam lawsuit for $75 million last year. Medtronic had acquired Kyphon Inc., the seller
of kyphoplasty equipment and materials, who promoted the procedure as a moneymaker for hospitals if they billed Medicare for inpatient surgery. Presently, the Justice Department has 985
qui tam healthcare fraud cases pending, according to a recent news release ...
16 Nov, 2007 4:00 am
... Bastarache, of the Supreme Court of Canada, criticized that court for the 2004 decisions in the Monsanto Canada Inc. v. Schmeiser case, which he said implies that a higher
life form ... Spring?: (IAM), US Supreme Court refused to hear Cross Medical Products Inc.'s drawn-out patent infringement case against Medtronic Sofamor Danek ... infringement
case: (IPLaw360), Medtronic Inc. completed its $4.2 billion acquisition of defendant and former medical device rival Kyphon and thereby settled the ongoing ...
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