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Siemens Medical Investigation Resulting Appears to have resulted from a Whistleblower - Update

Posted Apr 24 2009 11:48pm

This is an update on the raid of the Siemens facility in Pennsylvania this week and states bigger discounts were given to corporate customers with the government paying higher prices, and in reality, who really knows how often this has gone on in healthcare, and with drugs this has been a heated topic for a few years too. 

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The 2 New Hot Words in Healthcare: Algorithms and Whistleblowers

The initial suit goes back to an initial filing in 2004.  As the ability to create income and profits become stretched and challenging who knows, will we see more of these types of investigations?  BD 

Siemens Medical Solutions USA Inc., whose Malvern, Pa., complex was searched by Defense Department agents Wednesday, is a defendant in a whistle-blower lawsuit.

The unit of German conglomerate Siemens AG (NYSE:SI) is accused in the suit of giving corporate customers of its medical imaging equipment bigger discounts than it gave the federal government while assuring the government that it was getting the best discounts Siemens offered.

The filer, William A. Thomas, was an executive with Siemens and also worked for a company that bought equipment from it and a company it acquired.

Siemens Medical Solutions USA defendant in whistleblower case - Philadelphia Business Journal:

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