Gambro is a Swedish medical technology company. Among their products are machines used for dialysis. They also operate a chain of dialysis clinics in North America. Before focusing exclusively on the medical field the company was run as an industrial conglomerate under the name Incentive, with Gambro as one of its subsidiary companies.
Authorities called the settlement by Gambro Healthcare U.S. among the largest in the Justice Department's history, resolving an investigation that followed a 2001 lawsuit by whistleblower Dr. Steven Bander, a former Gambro medical officer.
A Gambro division, Gambro Supply Co., pleaded guilty Thursday to federal fraud-related charges, agreed to pay a $25 million fine and be permanently barred from the Medicare program.
Gambro, with headquarters in Denver and Nashville, Tenn., provides about 6.5 million dialysis treatments a year to more than 40,000 chronic kidney disease patients in 550 clinics nationwide.
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