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Company: Advanced Neuromodulation Systems, Inc.
Current Parent Company:
Abbott Laboratories
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $2,950,000
Year: 2007
Date: July 2, 2007
Offense Group: healthcare-related offenses
Primary Offense: HHS civil monetary penalties
Secondary Offense: kickbacks and bribery
Violation Description: The HHS Inspector General announced that Advanced Neuromodulation Systems, Inc., a medical device manufacturer specializing in spinal cord stimulation used for pain management, agreed to pay $2.95 million to settle allegations that it paid kickbacks to physicians in violation of the Civil Monetary Penalties Law (CMPL). The company also entered into a 3-year Corporate Integrity Agreement.
Level of Government: federal
Action Type: agency action
Agency: Health & Human Services Department Office of Inspector General
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Illinois
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: pharmaceuticals
Specific Industry of Current Parent: pharmaceuticals
Source of Data:
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Archived Source:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.