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Florida Medical Device Company Pays CIA Stipulated Penalty

On June 9, 2014, Exactech, Inc. (Exactech) paid a Stipulated Penalty of $15,000 based on its failure to comply with the following CIA requirements (1) screening of employees and contractors against the OIG and GSA exclusion lists, (2) failure to distribute or make available new or revised policies and procedures, and (3) failure to provide parties to Focus Arrangements with a copy of Exactech's Code of Conduct and Anti-Kickback Statute policies and procedures.

Action Details

  • Date:June 9, 2014
  • Enforcement Types:
    • Stipulated Penalties and Material Breaches