Allscripts Faces $145 Million Settlement With DOJ

August 9, 2019 Mayuri Kumar

Health IT vendor Allscripts says it has reached a preliminary $145 million settlement with the Department of Justice related to the business practices of Practice Fusion, an electronic health record vendor the company acquired last year. Although details of the settlement are sketchy, it involved compliance with HIPAA, the HITECH Act electronic health record incentive program and the Anti-Kickback Statute.

In a statement about its second quarter earnings, and during a conference call with financial analysts on Thursday, Allscripts said it recorded the multimillion dollar settlement expense in the quarter ended June 30. Allscripts acquired Practice Fusion in February 2018 for $100 million.

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