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.

The lawsuit was filed under the False Claims Act, which helps the government combat fraud and requires tripling of damages, ...

A federal judge ordered CVS Health's Omnicare unit to pay $948.8 million in penalties and damages, in a whistleblower lawsuit ...

CVS plans to appeal the judgment, which comes after a jury ruled that its long-term care pharmacy benefits manager illegally ...

A federal judge has ordered CVS Health Corp.’s Omnicare Inc. unit to pay $949 million as part of a whistleblower lawsuit ...

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 ...

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.

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.

CVS must pay the government at least $95 million after a federal court ruled in favor of a whistleblower, finding its pharmacy benefit subsidiary Caremark overcharged Medicare for generic drugs.

CVS Health and its Omnicare unit were sued on Tuesday by the U.S. government, which accused them of fraudulently billing Medicare and other programs for drugs for older and disabled people without ...

A class action lawsuit was filed against CVS Health Corp. (CVS) by Levi & Korsinsky on July 12, 2024. The plaintiffs (shareholders) alleged that they bought CVS stock at artificially inflated ...

By Jonathan Stempel (Reuters) -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.