You can't make this stuff up. It's real.
There is an unbalanced incentive and punishment scale when defrauding Medicare in orthopedics today.
The best advice seems to be that if you’re going to break the rules, make sure you sit in the CEO chair.
The latest chapter comes from the U.S. Attorney’s Office for the District of Massachusetts in the case against SpineFrontier ( DOJ link here - CFO of Boston-Area Spinal Device Company Sentenced to Four Months in Prison for Kickback Scheme ).
Aditya Humad, the company’s former Chief Financial Officer, was sentenced to four months in federal prison, followed by a year of supervised release and a $9,500 fine, after pleading guilty to conspiracy to violate the Anti-Kickback Statute. Humad was part of a scheme that routed over $540,000 in bribes to orthopedic surgeons in the form of sham consulting fees for work that was never actually done.
And what about SpineFrontier’s Founder, President, and CEO, Dr. Kingsley R. Chin?
Dr. Chin—the mastermind, owner, and primary beneficiary of the business—pleaded guilty to making false statements to CMS. His sentence? Zero days in prison. Instead, he received one year of supervised release with the first s...
