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Colorado medical device company admits to fraud scheme, agrees to pay DOJ millions in penalties

Zynex admitted to fraud involving over $600 million in medically unnecessary supplies and agreed to pay up to $12.5 million in penalties to settle with the DOJ.

Summary by Daily Camera
A Colorado medical device company admitted to orchestrating an elaborate health care fraud scheme that resulted in the overbilling of patients and insurers by hundreds of millions of dollars. Zynex Inc., an Englewood-based company that manufactures and sells medical devices used for pain management and rehabilitation, entered into an agreement Tuesday with the U.S. Department of Justice to avoid prosecution. The company, as part of the deal, agr…

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Denver PostDenver Post
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Colorado medical device company admits to fraud scheme, agrees to pay DOJ millions in penalties

Zynex Inc., an Englewood company that manufactures and sells medical devices used for pain management and rehabilitation, entered into an agreement with the U.S. Department of Justice to avoid prosecution.

·Denver, United States
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Denver Post broke the news in Denver, United States on Wednesday, February 18, 2026.
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