Hundreds of Millions Lost in Pharma/Medical Device Settlements

The pharmaceutical and medical device industries are BIG business. Billions of dollars are spent each year on payments and transfers of value to physicians, non-physician practitioners, and hospitals.

Pharmaceutical and medical device companies are expected to turn a profit, and sometimes the efforts to influence decision-makers can cross the line, resulting in significant settlements. You’ve probably seen examples of it in plenty of headlines. A 52 million dollar settlement for questionable charitable donations to allegedly boost drug sales. A 642 million dollar settlement with a pharmaceutical company to resolve allegations of improper payment to patients and doctors. A 16 million dollar settlement to resolve claims that a medical device company improperly paid royalty payments to an orthopedic surgeon to influence the use and recommendation of medical devices.

Tune in to our upcoming webinar (CEU credits available), “Pharmaceutical and Medical Device COI and Unique Compliance Risks,” to learn:

• Unique Compliance Risks for Pharmaceutical and Medical Device Companies
• How Payments to Medical Practitioners and Hospitals Can Cause Conflicts of Interest
• Strategies Compliance Programs Can Use to Avoid These Mistakes

 

The Compliance Certification Board (CCB^®) has approved this event for up to 1.2 live CCB CEUs based on a 50-minute hour. Continuing Education Units are awarded based on individual attendance records. Granting of prior approval in no way constitutes endorsement by CCB^® of this event content or of the event sponsor.
Please Note: This event has NOT been approved for AAPC CEU credit.