Search Results for: true health diagnostics

Trustee For Zombie Lab Sues Thousands Of Doctors And Dozens Of Nonprofits

–The suits unveil the scope and sordid details of the massive kickback scheme. Thousands of doctors are being sued by the trustee representing the creditors of Health Diagnostic Laboratory (HDL), the bankrupt laboratory company. The trustee is demanding that the doctors repay thousands of dollars in illegal processing and handling (P&H) fees, a key part…

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Seeking Profit and Investors, Rogue Lab Moves Into Small Hospitals

A controversial new laboratory company specializing in “advanced cardiovascular risk testing” is developing an innovative, highly profitable– and legally dubious– new business model. Details of the scheme are spelled out in a “Management Presentation” slide presentation sent to me by a confidential source. The slide presentation, according to my source, is  being shown by executives at True Health…

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Zombie Lab Sues Former Execs, Owners, And Sales Force

–Yet more fallout from the catastrophic bankruptcy of HDL Lab The Zombie Lab case just got even messier. Last Friday the trustee for the bankrupt Health Diagnostic Laboratory (HDL) filed a massive lawsuit against the former executives, owners, sales force members, and others who profited from HDL. The 205-page lawsuit includes a detailed narrative of…

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The Wild West Of New Laboratory Scams

It’s like the wild west. With no sheriff acting to impose law and order, many laboratory companies are now deploying a wide variety of new scams to gain new business. The new scams have emerged in the wake of the collapse and bankruptcy of Health Diagnostics Laboratory (see the bottom of this story for links to previous coverage)…

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Documents Reveal Rogue Laboratory Company’s Unorthodox Billing Practices

–Promised in writing to not bill patients, then changed its tune Records and emails newly posted on the web by a physician document the strategy used by a controversial new laboratory company to bypass laws and major safeguards designed to prevent fraud. Nearly 2 years ago, it became known that the federal government was investigating…

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US Freezes Millions Of Dollars In Assets Of Rogue Lab Sales Force

The US government is freezing millions in dollars in assets from the owners of BlueWave, the sales company that participated in “a massive kickback scheme” involving Health Diagnostics Laboratory (HDL) and a second smaller laboratory company, Singulex, Inc. A US judge last week granted an application from US and state attorneys to ensure that BlueWave…

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Vampire Lab Turns To Old Trick To Grow Business: Physician Owned Labs

(Updated) True Health Diagnostics, the new laboratory that bought the assets and adopted the business model of the disgraced and bankrupt laboratory company Health Diagnostic Laboratory (HDL), is turning to some old, unethical, and illegal tricks to grow its business. As I’ve reported previously, one key to the spectacular growth of HDL laboratory involved surreptitious…

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The Real Losers In The Zombie Versus Vampire Lab Company Court Battle

(Updated) Right now a dead, bankrupt and corrupt laboratory company is suing an active, morally bankrupt lab company. No matter who eventually wins the court battle all of us– patients, Medicare, insurance companies, not to mention our entire health and legal systems– will lose. Health Diagnostics Laboratory (HDL) is the zombie lab company. After raking…

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A Lab Industry Veteran Deciphers The Zombie Lab Enigma

True Health Diagnostics (THD) is the new, rapidly growing lab that bought the assets of the disgraced and bankrupt Health Diagnostic Lab (HDL). (See the bottom of this story for links to my previous coverage of this story.) I asked one industry veteran for his thoughts on THD’s business practices and the relationship between THD…

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New Lab Company Seeks To Bury Links To Zombie Lab And Rogue Sales Team

A new, rapidly growing laboratory company has been publicly linked to a disgraced and now bankrupt laboratory company and its sales team. Now the new company, True Health Diagnostics (THD), is trying to distance itself from that lab company, Health Diagnostic Laboratory (HDL), and its affiliated sales team, BlueWave. But THD’s claim of independence falls…

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Zombie Laboratory Company Sics Bill Collectors On Patients Promised Free Tests

(Updated) In several short years Health Diagnostic Laboratory (HDL) achieved spectacular growth partially on the promise to customers that they would never be responsible for the high costs of the company’s tests. Now, after bankruptcy and a forced sale of the company following multi-million dollar lawsuits by the Federal government and large private insurance companies, those same…

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Bankruptcy Judge Approves Sale Of Embattled Diagnostic Lab Company

A federal bankruptcy judge has approved the sale for $37.1 million of the once high-flying Health Diagnostics Laboratory to a new lab company, True Health Diagnostics. True Health has a business model that mimic’s HDL’s and is owned by some of the same players who helped create and who owned HDL. Health Diagnostic Laboratory (HDL) was started in 2009. By 2012 the…

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MitraClip Compared To Surgery In EVEREST II

Updated–The final results of the highly anticipated  EVEREST (Endovascular Valve Edge-to-Repair Study) II  were presented by Ted Feldman at the ACC Scientific Sessions in New Orleans and published simultaneously in the New England Journal of Medicine. 279 patients with moderately severe or severe mitral regurgitation (MR) were randomized on a 2:1 basis to either percutaneous…

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