Florida Cancer Specialists & Research Institute Enters Agreement with Department of Justice to Resolve Antitrust Matter

FORT MYERS, FL., April 30, 2020 – Florida Cancer Specialists & Research Institute, LLC (“FCS”) today announced that it has entered into a deferred prosecution agreement (“DPA” or “agreement”) with the U.S. Department of Justice Antitrust Division that will resolve allegations relating to past anticompetitive conduct in Southwest Florida.

The agreement was filed in U.S. District Court for the Middle District of Florida, Fort Myers Division and will fully resolve the matter against FCS in exchange for payment of a monetary fine, continued adherence to Federal and State antitrust laws, waiver of certain non-compete clauses, and the continuation of FCS’s existing, robust compliance program. As recognized by the Justice Department, FCS has fully cooperated with the government’s investigation. Separately, FCS has entered into a settlement with the Florida Office of the Attorney General regarding related claims.

“We are pleased to be resolving these past issues so we can continue to focus on providing our patients with world-class cancer care in community-based settings, close to home,” stated Dr. Lucio Gordan, President & Managing Physician of FCS. “Shortly after learning about this issue, FCS brought on new leaders, materially enhanced its employee training and bolstered its compliance program. We are proud of our 35+-year track record of consistently providing high-quality, value-based care to our patients – and will continue to do so for many years to come.”

ABOUT FLORIDA CANCER SPECIALISTS & RESEARCH INSTITUTE

Founded in 1984, Florida Cancer Specialists & Research Institute is one of the leading independent medical oncology/hematology practices in the United States. FCS is committed to providing world-class cancer care in community-based settings, close to home.

Contact:

Tom Clark Chief Legal Officer

thclark@flcancer.com