SOUTH JORDAN, Utah — Merit Medical Systems, which is based in South Jordan, has agreed to pay $18 million and participate in five years of monitoring by federal authorities in order to resolve a lawsuit alleging it paid kickbacks to doctors.
The complaint was filed in 2016 by the company's former chief compliance officer, physician Charles Wolf.
The whistleblower lawsuit accused Merit of paying kickbacks to medical providers including inflated speaking fees and paid trips at a rate of $2 million or more over six years.
“The settlement agreement does not constitute a finding of wrongdoing by Merit or its management, and it expressly recognizes that Merit denies the allegations,” a public statement from the company stated.
The statement also said, “Merit looks forward to continuing to focus each day on its mission: To be the most customer-focused company in healthcare."
This story was originally published by the Salt Lake Tribune and can be found here. The Salt Lake Tribune and FOX 13 have a content sharing partnership.