Orthofix’s Settlement of Medicare Probe Rejected by Judge (Business Week)
Orthofix International NV (OFIX)’s settlement of federal regulators’ accusations that the maker of bone-repair products defrauded Medicare by paying kickbacks to doctors was rejected by a judge.
U.S. District Judge William G. Young in Boston rebuffed an Orthofix unit’s agreement to plead guilty to a felony count of obstructing a government audit and pay a $7.8 million fine after concluding the deal unduly restricted his sentencing power.
“It seems in this case the court’s hands ought not be tied,” Young told prosecutors ...