OIG - Office of Inspector General

09/06/2024 | Press release | Distributed by Public on 09/06/2024 13:10

Medical Device Company To Pay $700,000 To Resolve False Claims Act Allegations Concerning Inflated Reimbursements From Medicare And Medicaid

Medical Device Company To Pay $700,000 To Resolve False Claims Act Allegations Concerning Inflated Reimbursements From Medicare And Medicaid

Medical device manufacturer THD America Inc., located in Natick, Massachusetts, and its corporate parent, THD SpA of Italy (collectively, THD), have agreed to pay $700,000 to resolve allegations that THD violated the False Claims Act by knowingly causing physicians to use incorrect codes to obtain inflated reimbursement from Medicare and State Medicaid programs for the use of THD's hemorrhoid removal system called the Slide One Kit (the Kit).

Read more on www.justice.gov

Action Details

  • Date:September 6, 2024
  • Agency:U.S. Department of Justice
  • Enforcement Types:
    • Criminal and Civil Actions

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