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http://philadelphia.bizjournals.com/philadelphia/stories/2010/08/16/daily23.html
Medical transcription services company MedQuist Inc. has agreed to pay Kaiser Permanente $2 million to settle a lawsuit in which the health-care company alleged MedQuist inflated its costs.
Kaiser of Oakland, Calif., filed its lawsuit against MedQuist (NASDAQ:MEDQ) during the summer of 2008.
Under the terms of the settlement, MedQuist of Mount Laurel, N.J., made a single lump sum payment to Kaiser on Aug. 16. MedQuist did not admit to any liability or wrongdoing in connection with the settlement.
The terms of the settlement were disclosed by MedQuist in a filing Thursday with the Securities and Exchange Commission.