UPDATE: AtriCure finalizes settlement in federal whistleblower case

February 2, 2010 by MassDevice staff

Without admitting wrongdoing, the atrial fibrillation company finalizes an agreement to pay $3.8 million to settle Justice Dept. charges that it ran an illegal kickbacks and off-label marketing program aimed at boosting Medicare payments for its procedure.

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AtriCure Inc. (NSDQ:ATRC) finalized a deal to pay $3.76 million over five years to settle a federal beef accusing it of running an illegal kickbacks and off-label marketing program for its atrial fibrillation devices, according to the U.S.Justice Dept.

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