As the number of deals in the healthcare sector continue to pile up, so do the concerns about whether the deals benefit its participants and satisfy regulators, one prominent attorney says.
Healthcare financial malfeasance sometimes flies under the radar. That appears to be the case with a remarkable report the Reuters wire service published last week regarding how victims of defective pelvic mesh products were getting victimized a second time--this time by medical financing companies.
Apparently millions of women have had defective implants. These meshes were typically implanted to treat urinary incontinence, but have led to intense pain and sexual organ damage instead. Those who sued for compensation would have the surgery paid for by a middleman firm, usually as the result of a referral from the patients' lawyer. That bill would then be sold to a medical finance firm such as MedStar.
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