Ex-NY Hospital CEO Charged In $1.4M Kickback Scheme

Law360, New York (September 26, 2012, 1:53 PM EDT) -- Federal agents Wednesday arrested the ex-CEO of New York's Hospital for Special Surgery, the nation's largest and oldest orthopedic hospital, after a grand jury brought a racketeering charge related to an alleged $1.4 million scheme to accept contractor kickbacks and extort money from a consultant.

John R. Reynolds, who helmed the 150-year-old hospital from 1997 to 2006, accepted $420,000 for ensuring vendors landed hospital business, squeezed $300,000 from a hospital employee for whom he’d secured bonuses and snagged $670,000 from a U.K. health care organization in...
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