NeoGenomics agrees to pay USD 9.81 million to settle DOJ probe tied to lab collaboration program
NEO•Settlement resolves DOJ probe tied to laboratory collaboration initiative
NeoGenomics reached a civil settlement with the U.S. Department of Justice on behalf of OIG-HHS, resolving a probe tied to its Laboratory Collaboration Initiative.
The agreement requires a payment of USD 9.81 million, with 4.25% annual interest accruing from Jan. 16, 2026.
The matter stemmed from consulting services provided to certain health care providers for laboratory testing services; the company self-disclosed to OIG in November 2021.
NeoGenomics had previously accrued a USD 11.2 million reserve for potential damages and liabilities related to the investigation.
The settlement states there is no admission of liability.
