Microbiome-testing company uBiome has suspended its medical tests following an FBI raid

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Health Health Headlines News

Health Health Latest News,Health Health Headlines

Microbiome-testing company uBiome has suspended its medical tests following an FBI raid. We got the letter it sent to customers.

Getty Images

"At this time and until further notice, uBiome will not be offering SmartGut or SmartJane," the company said in an email to customers."We will not be releasing clinical reports, processing samples, billing health insurance, or shipping new collections kits." Our Co-CEOs, Jessica Richman and Zac Apte, are currently on administrative leave as we conduct an independent investigation into the company's billing practices, to be overseen by a Special Committee of the Board. Once complete, we will take any corrective actions that are needed to ensure we can become a stronger company better able to serve patients and healthcare providers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

She’s a co-founder so why only show her photo. Where’s the photo of the other founder.. sexism much!!!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in HEALTH

Health Health Latest News, Health Health Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Insiders describe aggressive growth tactics at uBiome, the health start-up raided by the FBI last weekAccording to four company insiders, uBiome was routinely billing patients multiple times without their consent as part of an aggressive growth plan that focused on increasing the number of billable tests served. The company also pressured its on-staff doctors to approve tests with minimal oversight. Na we don’t need regulations these companies love to help people Sounds like Holmes operation with a slight twist, Bad Blood
Source: CNBC - 🏆 12. / 72 Read more »