CHICAGO _ Chicago-based Outcome Health has agreed to pay $70 million to resolve allegations that it fraudulently sold advertising to clients.
Outcome admitted that from 2012 to 2017, former executives and employees schemed to sell advertising inventory it did not have to its clients, which were mostly pharmaceutical companies, according to the Justice Department.
"Today's agreement holds a healthcare technology company accountable for systematically committing fraudulent business practices for financial gain over many years," Inspector General Jay N. Lerner of the Federal Deposit Insurance Corp.'s Office of Inspector General said in a news release.
Outcome, which was founded in 2006 as ContextMedia, places screens in doctor's offices that run educational content about health topics and advertisements from drug companies.
