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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' 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 Dot
14h
‘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 ...
Yahoo Finance
3d
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 ...
2d
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 ...
Republican-American
10d
Waterbury pharmacy fuses with care clinic, community center for elderly
Pharmacy giant CVS Health has opened a combined primary care and pharmacy designed to serve Waterbury patients on Medicare, ...
Yahoo Finance
2d
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.
12d
CVS Health: Spring's Correction Offers Good Value
After the market panicked and sold CVS Health in spring, the current price makes for a good opportunity. Find out why CVS ...
Crain's Chicago Business
2d
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 ...
2d
FTC sues drug middlemen over manipulating the insulin market
The agency alleges CVS’s Caremark, Cigna’s Express Scripts and UnitedHealth’s Optum Rx accepted money from drugmakers in ...
12d
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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