Labtech Diagnostics
Source-attributed records describe Labtech as a shell company controlled by Sophia Shaklian and used, alongside related entities, to submit fraudulent Medicare claims for diagnostic testing from March 2019 through August 2024; the entity is closed and Shaklian was sentenced in March 2026.
- Company typePrivate
- Founded2019
- HeadquartersAnderson, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Labtech Diagnostics does
Per source-attributed data, the entity referenced as "Labtech" was not a legitimate operating diagnostic business. It was established in March 2019 as one of multiple shell companies — alongside Chateau d'Lumina Hospice and Palliative Care, Saint Gorge Radiology, Hope Diagnostics, Direct Imaging & Diagnostics, Lab One, and Lifescan Diagnostics — controlled by Sophia Shaklian (Larchmont, Los Angeles) to submit fraudulent Medicare claims for unnecessary or undelivered diagnostic testing services. The fraudulent scheme operated from March 2019 through August 2024, defrauding Medicare of more than $14 million. There is no documented product, proprietary technology, operational workflow, or business model; the entity functioned purely as a billing vehicle within a coordinated fraud network.
On 2026-03-25, Sophia Shaklian was sentenced to 35 months in federal prison and ordered to pay $14,103,043 in restitution. Co-defendant Alex Alexsanian pleaded guilty to money laundering conspiracy. The entity's operating status is documented as "closed" as of August 2024. No management team, products, services, certifications, integrations, or technology stack are recorded in the source data.
A separate unsourced firmographic snapshot references a "Labtech Diagnostics" founded in 2011, based in Anderson, US, with 51-100 employees, providing diagnostic services to patients, physicians, and other healthcare providers. This profile lacks a source ID, conflicts with the detailed source-attributed fraud-case profile on founding year (2011 vs. 2019), geography (Anderson vs. Los Angeles), and operating status (active vs. closed), and is not corroborated by any other data. It may describe a distinct entity with a similar name, but no defensible source-attributed information is available to characterize its business model, products, or customer base.
Labtech Diagnostics firmographics
Firmographics- Name
- Labtech Diagnostics
- Legal name
- Labtech
- Website
- https://labtechdiagnostics.net
- Company type
- Private
- Founded year
- 2019
- Operating status
- Closed
- Headcount range
- 51–100 employees
- Short description
- Source-attributed records describe Labtech as a shell company controlled by Sophia Shaklian and used, alongside related entities, to submit fraudulent Medicare claims for diagnostic testing from March 2019 through August 2024; the entity is closed and Shaklian was sentenced in March 2026.
- Ownership category
- akta.pro rank
Where Labtech Diagnostics is headquartered
LocationHeadquarters
- HQ city
- Anderson
- HQ country
- United States
- HQ region
- North America
Markets served
Labtech Diagnostics business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D
Labtech Diagnostics product offering
Product offeringCore offering
Labtech Diagnostics provides diagnostic services to patients, physicians, and other health care providers. The company operates as a clinical laboratory offering diagnostic testing services, based in Anderson, United States, founded in 2011 with 51-100 employees.
Differentiator
Problem solved
Functional benefit
Products and services
- Clinical Diagnostic Testing Services
Companies that use Labtech Diagnostics
Customer profileIdeal customer profiles2 records
Labtech Diagnostics technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Labtech Diagnostics partnerships and signals
Strategic signalRecent moves3 records
Labtech Diagnostics competitors and assessment
Company assessmentBroad incumbents
- Quest Diagnostics: Largest U.S. independent clinical laboratory network providing routine and esoteric diagnostic testing to physicians, hospitals, and patients. Comparable as the canonical reference lab business model — the same customer/production economics Labtech Diagnostics nominally served in its firmographic self-description.
- Sonic Healthcare USA: International diagnostics provider with significant U.S. footprint (via American Esoteric Laboratories, Clinical Pathology Laboratories, etc.). Comparable as a multi-state reference lab operator serving physicians and hospitals.
- Laboratory Corporation of America (Labcorp): Major U.S. clinical lab network offering diagnostic testing, specialty testing, and routine lab services to physicians, employers, and patients. Closest direct functional competitor in the outpatient diagnostic lab category that Labtech claimed to serve.
Emerging players
- Exact Sciences: Commercial-stage diagnostics company known for Cologuard colorectal cancer screening and oncologic liquid biopsy. Comparable as a clinical-revenue diagnostics lab serving physician-ordered testing.
- Natera: Specialized diagnostics company focused on cell-free DNA testing in reproductive health, oncology, and organ transplant. Comparable as a specialty diagnostics lab operating in the physician-referral channel.
Direct peers
- ARUP Laboratories: National reference laboratory affiliated with the University of Utah, offering esoteric and routine clinical testing to hospitals and physicians. Closely aligned with a reference/esoteric testing lab business model.
- BioReference Laboratories: Full-service clinical diagnostics laboratory focused on esoteric testing, women's health, oncology, and urology. Comparable mid-sized reference lab competing for the same specialty-diagnostic, physician-office channel that Labtech targeted.
- Mayo Clinic Laboratories: Reference laboratory extending Mayo Clinic's diagnostic capabilities to outside hospitals and health systems nationwide. Representative of the high-complexity, esoteric-testing reference lab archetype.
Market position
Strengths1 record
Weaknesses4 records
Competitive moat2 records
Key risks6 records
Key highlights2 records
Customer concentration
Labtech Diagnostics social profiles
Digital presenceLabtech Diagnostics financial estimates
Financial estimateRevenue estimate
Valuation estimate
Labtech Diagnostics leadership team
Management profileNumber of profiles
Labtech Diagnostics funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Labtech Diagnostics M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Labtech Diagnostics
What does Labtech Diagnostics do?
Labtech Diagnostics provides diagnostic services to patients, physicians, and other health care providers. The company operates as a clinical laboratory offering diagnostic testing services, based in Anderson, United States, founded in 2011 with 51-100 employees.
Is Labtech Diagnostics a public or private company?
Labtech Diagnostics is a private company. It is classified as unknown and is currently closed.
When was Labtech Diagnostics founded?
Labtech Diagnostics was founded in 2019. It employs 51 to 100 people.
Where is Labtech Diagnostics based?
Labtech Diagnostics is headquartered in Anderson, United States, in the North America region.
Who are Labtech Diagnostics's main competitors?
Broad incumbents on record are Quest Diagnostics, Sonic Healthcare USA and Laboratory Corporation of America (Labcorp). Emerging players are Exact Sciences and Natera. Direct peers are ARUP Laboratories, BioReference Laboratories and Mayo Clinic Laboratories.
Does Labtech Diagnostics have an API?
No public API is recorded for Labtech Diagnostics.