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It’s a stunning loss for the insurer, which sued the government late last year after its star ratings plummeted for 2025.
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 ...
A federal judge ordered CVS Health's Omnicare unit to pay $948.8 million in penalties and damages, in a whistleblower lawsuit ...
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.
The company’s Medicare business, hit by higher medical costs, pushed down CVS’s first-quarter earnings. The healthcare giant cut its guidance for 2024 yet again. Skip to Main Content.
CVS Health’s pharmacy benefit manager, Caremark, has been ordered to pay $95 million for overbilling Medicare Part D drug reimbursements, a federal judge ruled Wednesday — a decision that ...
For 2025, Barclays estimates market forecasts include expectations of 110 basis points in Medicare margin expansion, which is on the lower end of CVS’s target range of 100-200 bps.
The CVS Caremark pharmacy benefit manager caused Medicare and its beneficiaries to overpay for medicines, while pocketing the difference in pricing, according to a lawsuit filed by an actuary at ...
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. Chief Judge Mitchell Goldberg in ...
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 ...