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Abbott Settlement With DOJ Highlights Feds’ Anti-Fraud Efforts

Abbott will pay $5.47 million to resolve allegations that it paid physicians for teaching assignments, speaking engagements and conferences with the expectation that they would in return facilitate product purchases at their hospitals.

Abbott Laboratories Inc. has agreed to pay $5.47 million to the U.S. government to settle kickback allegations tied to its carotid, biliary and peripheral vascular products.

The deal resolves a federal investigation into charges that Abbott violated the Anti-Kickback Statute and the False Claims Act by knowingly paying physicians for teaching assignments, speaking engagements and conferences...

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