2 American Health Care Labs Agreed to Settle Lawsuit for $48.5 Million

April 13, 2015 7:12 AM

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Two US medical testing laboratories have agreed to pay $48.5 million in fine to settle the lawsuit related to unnecessary testing as well as unfair trade practices under the False Claims Act.

Richmon, VA-based Health Diagnostics Laboratory Inc (HDL) has agreed to pay $47 million to settle the lawsuit. Another company Singulex Inc has also agreed to settle the agreement by paying around $1.5 million in fines. While HDl has not commented on the problem, Singulex has denied any wrongdoing i...

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