Friday, April 08, 2011

How Medicaid Paid $30M for an Unapproved Skin Ointment That Didn’t Work | BNET

Medicaid paid $30 million for a skin ointment that didn’t work, was unapproved by the FDA, and was declared “less than effective” by the feds in 1970 –  all because drug companies figured out that the government doesn’t check its billing records properly, according to a recent lawsuit filed by the Department of Justice.

Posted via email from Jack's posterous

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