News Headlines Article

Federal probe of cardiac implants nets tentative settlement
Modern Healthcare

At least one hospital system plans to settle soon to resolve its exposure to a yearslong, nationwide federal investigation into the suspected overuse of implantable defibrillators.Irvine, Calif.-based St. Joseph Health, a not-for-profit with 16 hospitals in California and Texas, noted in a recent bondholder disclosure that it has agreed to settle with the U.S. Justice Department “in the interest of avoiding the delay, uncertainty, inconvenience and expense of protracted litigation.”