OIG - Office of Inspector General

05/29/2024 | Press release | Distributed by Public on 05/30/2024 07:49

Medical Device Manufacturer Innovasis Inc. and Two Top Executives Agree to Pay $12M to Settle Allegations of Improper Payments to Physicians

Medical Device Manufacturer Innovasis Inc. and Two Top Executives Agree to Pay $12M to Settle Allegations of Improper Payments to Physicians

Spinal device manufacturer Innovasis Inc. and senior executives Brent Felix and Garth Felix agreed to pay a total of $12 million to resolve allegations that they violated the False Claims Act by paying kickbacks to spine surgeons to induce their use of Innovasis's spinal devices. Brent Felix is the founder, President and Chairman of the Board of Innovasis, which is headquartered in Utah. Garth Felix served in various leadership roles for Innovasis, including as the company's Chief Financial Officer.

Read more on www.justice.gov

Action Details

  • Date:May 29, 2024
  • Agency:U.S. Department of Justice
  • Enforcement Types:
    • Criminal and Civil Actions

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