Cardiovascular Disease

Arizona Heart Hospital Reaches Settlement Regarding Clinical Research Matter

Published in Medical Device Law Weekly, November 25th, 2007

MedCath Corporation (NASDAQ:MDTH) announced that Arizona Heart Hospital, one of the 11 hospitals in which MedCath owns an interest, has entered into a settlement with the United States Department of Justice (the DOJ) and the United States Attorneys' Office in Phoenix under the federal Civil False Claims Act.

The settlement concerns Medicare claims submitted between June 1998 and October 2002 for physician services involving the implantation of certain endoluminal graft devices (utilized to treat aneurysms) that had not received final marketing approval from the Food and Drug Administration, and allegedly were either implanted without an approved investigational device...

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Source: Medical Device Law Weekly (2007-11-25)

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