Thursday, January 26, 2006

Medtronic - a night at the ballet, anyone?


Poor Medtronic. Another day another whistleblower suit.

This one looks nailed on as it comes from Jacqueline Kay Poteet, a former employee at the company who made all the bookings and travel arrangements.

When the doctors visited Memphis, she said, Medtronic employees would take them to a local strip club, PlatinumPlus, disguising the expenses as an evening at the ballet.

The suit, which was sealed until Jan. 13, accuses Medtronic of giving spine surgeons "excessive remuneration, unlawful perquisites and bribes in other forms for purchasing goods and medical devices."

A prominent surgeon in Wisconsin was paid $400,000 a year by Medtronic for a consulting contract requiring him to work just eight days. Another doctor in Virginia received nearly $700,000 in consulting fees from Medtronic for the first nine months of 2005.

Read more here

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