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261: Fake medical devices, real cancer drugs, & curious Ozempic effects

The Readout Loud

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The Importance of Financial Incentives in the Medical Device Field

stat reporter Lizzie Lawrence wrote a piece this week about stim wave which illustrated how financial incentives in the medical device field can work patient care. The company lied to positions about the dummy parts and overcharged Medicare by millions of dollars thereby boosting its profits when the fraudulent scheme came to light the DOJ indicted stim wave CEO who now faces up to 20 years in prison for fraud.

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