Activity

  • ec52 replied to the topic Recent Examples of Kickback Allegations in the forum Consultants and Legal Basics 7 years, 4 months ago

    In addition to the examples mentioned in previous posts, Olympus Corp. of Americas (OCA), the United States’s largest distributor of endoscopes and related medical equipment, will pay 623.2 million to resolve criminal charges and civil claims relating to a scheme to pay kickbacks to doctors and hospitals. The criminal complaint against OCA, which OCA agrees is true, charges that OCA won new business and rewarded sales by giving doctors and hospitals kickbacks, including consulting payments, foreign travel, lavish meals, millions of dollars in grants and free endoscopes. For Example:
    OCA gave a hospital a $5,000 grant to facilitate a $750,000 sale;

    OCA held up a $50,000 research grant until a second hospital signed a deal to purchase Olympus equipment;

    OCA paid for a trip for three doctors to travel to Japan in 2007 as a quid pro quo for their hospital’s decision to switch from a competitor to Olympus; and

    a doctor with a major role in a New York medical center’s buying decisions received free use of $400,000 in equipment for his private practice.
    https://www.justice.gov/usao-nj/pr/medical-device-company-will-pay-646-million-making-illegal-payments-doctors-and-hospitals