Medicare Stent Scam Cost $3.8M, Senate Report Says

Law360, New York (December 7, 2010, 5:09 PM EST) -- A doctor accused of implanting nearly 600 medically unnecessary stents manufactured by Abbott Laboratories — and allegedly receiving generous Abbott-sponsored perks in return — cost taxpayers $3.8 million in fraudulent Medicare charges, according to a new U.S. Senate panel report.

The report released Monday by Senate Finance Committee chairman Max Baucus, D-Mont., and ranking member Charles Grassley, R-Iowa, detailed “alarming evidence” uncovered by committee investigators regarding the relationship between Dr. Joseph Midei, who allegedly implanted an estimated 585 medically unnecessary stents between 2007 and 2009; the...
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