CVS, Oak Street Health
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 subsidiary to pay $60M to settle kickback allegations
Chicago-based Oak Street Health, owned by CVS Health since 2023, agreed to pay $60 million to settle allegations that it was involved in a kickback scheme that violated the False Claims Act.
Oak Street Health pays $60M to settle insurance agent kickback allegations
The Department of Justice claims Oak Street’s patient recruitment program prioritized financial gains over seniors’ best interests.
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.
The Daily Dot4h
‘This is absolute junk’: Expert exposes which common CVS medication is a ‘scam’
Still, he bought a CVS-brand “stool softener docusate” for 100mg for a ... “Docusate helps soften ear wax,” one woman ...
Free COVID-19 vaccines may be harder to find this fall
Updated COVID-19 vaccines are now widely available at many pharmacies, but for New Mexicans who lack insurance, the wait will be longer and supplies less certain. The New Mexico Department of Health ...
Pharmacy giant makes room for doctor care in CT store space. Will patients follow?
CVS Health Corp. — the pharmacy giant that acquired Hartford-based health insurer Aetna — again has Connecticut in its sights ...
Yahoo Finance3d
CVS Subsidiary Oak Street Health Agrees to $60M Settlement in Medicare Kickback Violations
The claims involved paying kickbacks to third-party insurance agents to recruit seniors to its primary care clinics, a ...
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 ...
Crain's Chicago Business2d
FTC sues drug middlemen over manipulating insulin prices
The agency alleges CVS’s Caremark, Cigna’s Express Scripts and UnitedHealth’s Optum Rx accepted money from drugmakers in ...
Yahoo Finance2d
CVS Health Corporation (CVS)
Wednesday, Oak Street Health, a subsidiary of CVS Health Inc (NYSE ... insurance agents to recruit seniors to its primary care clinics, a practice that led to false Medicare submissions.