Millennium Health files for bankruptcy after $256M settlement

Millennium Health filed for bankruptcy under Chapter 11 of US bankruptcy laws in the District Court in the state of Delaware.

The filing took place less than a month after it agreed on a settlement with the Department of Justice (DOJ) to pay $256 million to resolve allegations of breach of the False Claims Act for billing Medicare, Medicaid, and other federal health care programs for unnecessary medical tests, and for providing kickbacks to doctors for referring lucrative laboratory testing business to it.