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Company: Laboratory Corporation of America et al.
Current Parent Company:
Laboratory Corp. of America
Parent at the Time of the Penalty Announcement:
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Penalty: $388,667
Year: 2025
Date: January 2, 2025
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Violation Description: Laboratory Corporation of America Holdings, Laboratory Corporation of America, Labcorp Tennessee, LLC, and University Health System, Inc. have paid $388,667.17 to resolve allegations that they violated the False Claims Act by delaying the submission of physician orders for certain laboratory tests by Caris Life Sciences, Inc. ("Caris") to enable improper billings to Medicare for those tests.
Level of Government: federal
Action Type: agency action
Agency: U.S. Attorney-Eastern District of Tennessee
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: North Carolina
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: healthcare services
Specific Industry of Current Parent: healthcare services
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.