NeoGenomics has finalized a civil settlement with the U.S. Department of Justice (DOJ) to resolve an investigation into the compliance of certain consulting services with federal healthcare laws. The company agreed to pay approximately $9.8 million to resolve the matter, which it had voluntarily self-disclosed to the Office of Inspector General of the U.S. Department of Health and Human Services (OIG-HHS) in November 2021.

Key Details

  • Settlement Amount: The company will pay $9,813,260, plus interest, to resolve the matter. The agreement is not an admission of liability.
  • Financial Context: As of March 31, 2026, NeoGenomics had already accrued a reserve of $11.2 million for potential damages and liabilities associated with the investigation.
  • Background: The investigation concerned consulting services provided by the company to certain healthcare providers as part of its Laboratory Collaboration Initiative program.