NeoGenomics finalizes $9.81M DOJ settlement over voluntary OIG-HHS disclosure

NeoGenomics agreed to pay $9,813,260 to resolve a DOJ/OIG investigation into consulting services tied to its Laboratory Collaboration Initiative.

Key Highlights:

• Company finalized civil settlement with DOJ on behalf of OIG-HHS to resolve investigation of certain consulting services.
• NeoGenomics will pay $9,813,260 plus interest at 4.250% p.a. from Jan 16, 2026 to the U.S. to resolve the matter.
• Company self-disclosed the issue to OIG in Nov 2021 and cooperated with the government investigation.
• As of Mar 31, 2026, NeoGenomics had an $11.2M reserve previously recorded for potential liabilities related to the investigation.
• The settlement is not an admission of liability by NeoGenomics nor a concession by the U.S. that its claims lack merit.

Original SEC Filing:

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