Fraud in the Healthcare Industry & the Role of Whistleblowers

Global Medical Device Podcast · 12 Jan 2023 · 52m · Episode 299

What this episode covers

Jonathan Tycko, a founding partner at Tycko & Zavareei LLP, explains the False Claims Act and its application to the medical device industry, highlighting how fraud on the FDA, anti-kickback violations, and improper billing can lead to massive penalties. He details the whistleblower process, noting that the government intervenes in about 20% of cases but wins most of them, and discusses the financial rewards for relators. Tycko advises companies to foster internal compliance cultures to prevent employees from going to the government, emphasizing that individual executives can face criminal charges for intentional fraud.

Mentioned

Companies
Tycko & Zavareei LLP, Green Light Guru
Also
The Garrulous Gavel, False Claims Act, Department of Justice, FDA, Medicare, VA

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