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CEO charged with overbilling for spinal implants

Courtroom

Prosecutors say a San Francisco-based firm drastically overbilled taxpayers for government employee spinal implants.

Santa Clara County prosecutors filed fraud charges on Wednesday against 67-year-old Implantium chief Trudy Maurer and the firm’s 39-year-old medical director Tigram Shahsuvarya.

They are expected to enter pleas next week to nine felony fraud charges each. They face up to 13 years in prison if convicted.

San Jose Mercury News ( http://bit.ly/JHpH09) says Implantium is a billing company for spinal surgeries.

The firm buys implant devices from manufacturers and supplies them to hospitals, where they are implanted into the backs of injured workers.

Implantium bills workers’ compensation insurance carriers for the devices and is allowed by law to make $250 profit per device.

Prosecutors say invoices were altered up to tens of thousands of dollars.

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2012/04/26/state/n053044D62.DTL#ixzz1tA3kIui9

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Josh Sandberg has been recruiting specifically in the musculoskeletal industry for over 8 years. Throughout this time, he has been able to have a positive impact on his client’s businesses. With an educational background in Business Management, Josh is adept to discern which people will be the best fit for the company he is searching for by understanding how candidates will incorporate with the company’s culture and operational nuances. His experience as an executive in a start-up business has granted him the ability to understand what is takes to thrive in a hands–on environment, where desire and dedication are paramount for success.