Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: OPKO Health, Inc.
Current Parent Company: OPKO Health
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $9,850,000
Year: 2022
Date: July 14, 2022
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Secondary Offense: kickbacks and bribery
Violation Description: BioReference Health LLC, formerly known as BioReference Laboratories, Inc., and OPKO Health, Inc. agreed to pay $9.85 million to resolve alleged violations of the False Claims Act arising from BioReference's payment of above-market rents to physician landlords for office space in order to induce referrals from those physicians to BioReference. BioReference, a subsidiary of OPKO, is headquartered in New Jersey and is one of the largest clinical laboratories in the United States. The settlement was also announced by state AGs (see separate entry).
Level of Government: federal
Action Type: agency action
Agency: Justice Department Civil Division
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Florida
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: healthcare services
Specific Industry of Current Parent: healthcare diagnostics
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.