The US Department of Justice and the SEC are investigating Outcome Health for fraud while investors including Alphabet are suing the company.
Outcome Health, a US-based healthcare technology provider backed by internet and technology conglomerate Alphabet, is being investigated for fraud, FierceHealthcare reported on Friday.
The investigation is led by the US Department of Justice and financial regulator the Securities and Exchange Commission (SEC), and it comes on top of several investors, including Alphabet’s CapitalG unit, suing Outcome Health for alleged falsified data and financial reports.
Founded in 2006, Outcome Health installs tablets and television screens in doctor’s offices to display targeted…
