Geffrey Alan Yielding of Jacksonville, Ark., was sentenced to 78 months imprisonment for his role in a healthcare fraud scheme, which in he was convicted of violating the healthcare anti-kickback statute and for falsifying document to conceal the fraud, according…
Author: Staff
Here are the average and median debts and leverage ratios for surgery centers that perform more than 50 percent of the case volume in orthopedics, according to VMG Health's 2009 Intellimarker.
Colorado Springs, Colo.-based Spectranetics Corp., a medical device manufacturer, has agreed to pay the United States $4.9 million in civil damages plus a $100,000 forfeiture to resolve claims that the company illegally imported unapproved medical devices and provided them to…
MAKO Surgical Corp., a medical device company based in Ft. Lauderdale, Fla., has announced selected operating results for the quarter ended Dec. 31, 2009, including increases in MAKOplasty procedures, according to a MAKO news release.
The Department of Health and Human Services is planning a national claims database that would include information from Medicare, Medicaid and private payors, according to a report in American Medical News.
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The healthcare reform legislation proposed by Congress could lead to better cost savings within the industry by encouraging increased competition among insurance companies and higher quality care at lower costs, according to a study from Harvard University and University of…
Rezin Orthopedics and Sports Medicine, which has offices across Northern Illinois, has named Michael Topielec as its new administrator, according to a report in the Morris Daily Herald.
Hill-Rom Holdings, based in Batesville, Ind., has named John J. Greisch as president and CEO, effective Jan. 8, 2010, according to a Hill-Rom news release.
Warsaw, Ind.-based Biomet reported that net sales increased 8 percent during the second fiscal quarter ended Nov. 30, 2009, to $695.6 million from $642.8 million during the second quarter of fiscal year 2009, according to a Biomet news release.
San Clemente, Calif.-based VertiFlex, a manufacturer of minimally-invasive and motion-preserving spinal surgery technologies, has named Scott L. Blumenthal, MD, and A. Nick Shamie, MD, as co-medical directors of the company, according to a VertiFlex news release.