Rottenstein Law Group Applauds Report of Reduction in Kickbacks Paid by Major Replacement Joint Manufacturers after Settlement of Federal Criminal Lawsuit
(New York, NY, November 8, 2011) The Rottenstein Law Group, which represents clients with claims stemming from the surgical implantation of joint replacement devices, approves of reports that the five largest manufacturers of artificial hips and knees scaled back payments to orthopaedic surgeons after settling a 2007 U.S. lawsuit that charged them with providing kickbacks.
According to a recent Bloomberg Businessweek article, researchers analyzed data released by Biomet Inc., Johnson & Johnson’s DePuy division, Smith & Nephew Plc, Stryker Corp. and Zimmer Holdings Inc. for 2007 and 2008. “A total of 939 orthopedic surgeons received $198 million in 2007, according to the report released today by the Archives of Internal Medicine. A year later, there were 568 payments worth $119 million, plus $109 million in royalty buyouts from Warsaw, Indiana-based Zimmer, the researchers found. About 1,000 of the 25,000 orthopedic surgeons in the U.S. received money for consulting, royalties on products they helped develop, research and clinical study work, the researchers said.”
The joint replacement manufacturers in 2007 agreed to pay $311 million to settle U.S. Department of Justice claims that they paid kickbacks to surgeons in exchange for exclusively using their products, Bloomberg noted. “Prosecutors deferred criminal charges against the companies and required them to disclose all their consulting agreements with doctors, put the payment amounts on their corporate Web sites and allow federal monitors to oversee their actions.”
The Rottenstein Law Group maintains Web sites that are designed to keep the public informed of the latest news about defective medical products, including replacement joints. Users can find helpful information by visiting the DePuy Pinnacle Lawsuit Information Center, the DePuy ASR Hip Replacement Recall Information Center, and the Zimmer NexGen Lawsuit Information Center. These site have social media features that allow for easy sharing of information on popular sites such as Facebook and Twitter.
About the Rottenstein Law Group
The Rottenstein Law Group is a New York-based law firm that represents clients in mass tort actions. The firm was founded by Rochelle Rottenstein, a lawyer with over two decades of experience in compassionate representation of clients in consumer product injury, mass tort, and class action law suits. For more information, please visit their Web site, or call (888) 9-ROT-LAW.
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