CVS hit with nearly $1 billion fine in Omnicare false claims verdict

CVS

CVS has vowed to appeal $948.8 million in fines and damages imposed by a judge Tuesday on its Omnicare unit, for billing Medicare for tens of thousands of false claims.

The lawsuit, first filed in 2015 by whistleblower Uri Bassan, a former Omnicare pharmacist, alleges that Omnicare massively overbilled the government by continuing to submit claims for reimbursement for prescriptions that had long expired and through other means.

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