09.15.15
Officials with San Diego, Calif.-based spine firm NuVasive Inc. reported the conclusion of an ongoing investigation by the U.S. Department of Justice.
The company also reported that it has reached a definitive settlement with the U.S. Department of Justice related to the subpoena issued by the Office of Inspector General of the Department of Health and Human Services (OIG) in 2013. NuVasive will pay $13.5 million, plus fees and accrued interest related to alleged false or improper claims submitted to the Medicare and Medicaid programs. The company admitted no wrongdoing as part of the settlement.
“Recognizing the government’s responsibility to ensure the appropriateness of industry practices, the company cooperated fully with the inquiry and has continued to work hard to create and sustain a culture of compliance throughout its operations,” according to a statement released by the company. “Resolution of the matter avoids the time and expense of a potentially lengthy litigation process. The company was not required to enter into a corporate integrity agreement by the OIG as part of the settlement.”
The company also reported that it has reached a definitive settlement with the U.S. Department of Justice related to the subpoena issued by the Office of Inspector General of the Department of Health and Human Services (OIG) in 2013. NuVasive will pay $13.5 million, plus fees and accrued interest related to alleged false or improper claims submitted to the Medicare and Medicaid programs. The company admitted no wrongdoing as part of the settlement.
“Recognizing the government’s responsibility to ensure the appropriateness of industry practices, the company cooperated fully with the inquiry and has continued to work hard to create and sustain a culture of compliance throughout its operations,” according to a statement released by the company. “Resolution of the matter avoids the time and expense of a potentially lengthy litigation process. The company was not required to enter into a corporate integrity agreement by the OIG as part of the settlement.”