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Qmedtrix Objecting to Fairpay Settlement, Alleging 'Monopoly'

By Jim Sams (Senior Editor)

Thursday, August 2, 2012 | 0

Qmedtrix Systems Inc. announced on Wednesday that it is opposing a proposed settlement that would give competitor Fairpay Solutions an exclusive and virtually lawsuit-proof methodology for repricing outpatient services. The Portland, Ore.-based bill review service filed a motion on Wednesday in the state Court of Louisiana to contest the settlement agreement in a class-action lawsuit filed by a group of hospitals and surgery centers against Fairpay, which is based in Addison, Texas. The proposed settlement, if approved by the court, would require Fairpay to pay $6.9 million to plaintiffs, but ...

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