Ciox Health Risk Report

⚖️ Legal & Regulatory

Ciox Health has faced numerous legal challenges that could impact its financial health and reputation. Over the years, the company has been involved in lawsuits concerning excessive healthcare record copying fees and data breaches, causing potential compliance risks. Such legal challenges could result in significant financial penalties or settlements.

• Ciox Health faced a lawsuit over excessive health record copying fees 🗓 2022-09-07.
• The company settled a $1.85 million class action lawsuit related to record fees 🗓 2022-09-02.
• In a lawsuit triggered by data breaches, over 30 healthcare providers were affected 🗓 2022-01-11.
• The company settled a class-action lawsuit related to medical record fees in multiple states, including a settlement in Missouri of $1.25 million 🗓 2021-12-03.

🏗️ Operational & Business Continuity

Ciox Health's merger with Datavant was a significant operational move to consolidate leadership within the health data sector. Such mergers can enhance business continuity but also carry integration risks.

• Ciox Health merged with Datavant in a $7 billion deal 🗓 2021-06-10.