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The lawsuit was filed under the False Claims Act, which helps the government combat fraud and requires tripling of damages, ...
CVS Health's pharmacy benefit manager unit must pay the U.S. government $95 million after a federal judge found it overcharged Medicare for prescription drugs.
CVS Health (NYSE:CVS) shares extended six straight sessions of losses, as the stock slipped 0.7% at $63.38 on Thursday. The ...
CVS has vowed to appeal $948.8 million in fines and damages imposed by a judge Tuesday on its Omnicare unit, for billing Medicare for tens of thousands of false claims.
The lawsuit is the latest of CVS’ pharmacy concerns. Last week, pharmacists working at Kansas City locations staged a walkout over working conditions, causing 20 stores to temporarily close.
Humana Inc (NYSE:HUM) stock fell as much as 7.5% before trimming losses to 4% following a court ruling against the health insurer in its Medicare bonus payment lawsuit. The decision also impacted ...
Sarah Behnke, a former actuary in CVS’ insurance subsidiary Aetna, filed the lawsuit in 2014, alleging the company had violated the False Claims Act by knowingly and falsely claiming funds from ...
CVS Health Corp. was ... CVS Faces Lawsuit from Local ... suit that CVS’s pharmacy benefit management unit demanded unfair fees to fill and dispense prescriptions for certain Medicare ...
CVS Caremark, the pharmacy benefit management division of Woonsocket, R.I.-based CVS Health, stands accused of improperly reporting Medicare generic drug prices to CMS, according to a STAT report.
The case is US ex rel Behnke v CVS Caremark Corp et al, U.S. District Court, Eastern District of Pennsylvania, No. 14-00824. CVS unit ordered to pay $95 million in Medicare whistleblower lawsuit ...