Tuesday, June 7, 2005

Quest Diagnostics Receives Subpoena in DOJ Investigation

Quest Diagnostics Inc., which provides health care testing and laboratory services, disclosed that it received a subpoena from the U.S. Attorney's Office in New Jersey as part of an investigation into possible overbilling.  Quest's Form 8-K (here) may set a record for pithiness in its disclosure, consisting of a single paragraph filled with boilerplate statements: "Quest Diagnostics Incorporated received a subpoena from the U.S.Attorney's office for the District of New Jersey. The subpoena seeks the production of business and financial records regarding capitation and risk sharing arrangements with government and private payers for the years 1993 through 1999. Quest Diagnostics is cooperating with the government's investigation."  (ph)


Fraud, Grand Jury, Investigations | Permalink

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