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Oak Street Health, Medicare Advantage
CVS unit Oak Street Health in $60M settlement over kickback scheme
CVS Health (NYSE:CVS) subsidiary Oak Street Health has reached a $60M settlement with the Department of Justice to resolve allegations that it paid third-party insurance agents kickbacks to steer customers to its clinics.
CVS' Oak Street Health will pay $60 million to settle federal kickback allegations
The Anti-Kickback Statute prohibits anyone from offering or paying, directly or indirectly, money or anything else of value to induce referrals of patients or to provide recommendations of items or services covered by Medicare,
Oak Street Health pays $60M to settle allegations of kickback scheme
Before the primary care chain was purchased by CVS Health, Oak Street illegally paid marketing agents for referring Medicare-eligible seniors to its clinics, according to the Department of Justice.
CVS' Oak Street Health to pay $60M to settle Medicare Advantage kickback allegations
CVS subsidiary Oak Street Health has agreed to pay $60 million to settle accusations that it violated the False Claims Act by offering kickbacks to third-party insurance agents in return for referring older adults to its primary care clinics.
FTC Sues CVS, Cigna, UnitedHealth
US Federal Trade Commission Sues CVS Health, Cigna, UnitedHealth's Pharmacy Benefit Managers For Inflating Insulin Prices
On Friday, the Federal Trade Commission (FTC) filed a formal complaint against three major pharmacy benefit managers (PBMs)—CVS Health Inc’s (NYSE:CVS) Caremark, Cigna Corp’s (NYSE:CI) Express Scripts,
FTC Sues CVS Health, Cigna And United Health Group For Inflating Insulin Prices
The Federal Trade Commission filed an action against the three largest prescription drug benefit managers or PBMs— CVS Health's
FTC Sues CVS, Cigna, UnitedHealth Over Rising Insulin Costs (1)
The US Federal Trade Commission sued units of CVS Health Corp., Cigna Group and UnitedHealth Group Inc. on Friday, accusing the drug middlemen of engaging in illegal rebate programs that drove up the price of insulin.
1d
CVS Health Corp. stock underperforms Friday when compared to competitors
Supported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch ...
2d
on MSN
CVS Health Corp. (CVS): Among the Best Fortune 500 Stocks to Buy Now
We recently compiled a list of the 10 Best Fortune 500 Stocks To Buy Now. In this article, we are going to take a look at ...
Yahoo Finance
2d
CVS Subsidiary Oak Street Health Agrees to $60M Settlement in Medicare Kickback Violations
Wednesday, Oak Street
Health
, a subsidiary of
CVS Health
Inc (NYSE:
CVS
), agreed to settle for $60 million following ...
11d
CVS Health: At Least There's A Valuable Lesson (Rating Downgrade)
CVS Health's strategy to pivot into health services failed due to lack of experience and market complexity. See why I ...
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