Navigation Links
Attorney General Corbett Announces $36.7 Million Multi-State Settlement With CVS/Caremark in National Dosage-Switching Investigation
Date:3/18/2008

HARRISBURG, Pa., March 18 /PRNewswire-USNewswire/ -- Attorney General Tom Corbett today announced a $36.7 million multi-state settlement with CVS/Caremark Corporation, a Rhode Island-based pharmacy chain, resolving allegations that the company improperly billed state and federal Medicaid programs by switching the form of dosage for a commonly prescribed anti-ulcer medication.

Corbett said the settlement follows a joint federal and state investigation concerning prescriptions filled by CVS/Caremark for the antacid medicine ranitidine, the generic form of Zantac. Between 1999 and 2006, CVS pharmacies allegedly substituted a more-expensive capsule form of the drug, rather than tablets, resulting in higher payments by Medicaid with no medical benefit to patients.

According to the settlement, CVS was accused of making wholesale changes in the dosage form for ranitidine prescriptions without the involvement of patients' doctors, violating numerous state regulations governing the dispensing of drugs.

Corbett said that Pennsylvania will receive $495,628 from CVS/Caremark as the result of this settlement. The payment will be used to reimburse the PA Medicaid program for higher prescription payments that were generated by the switch from ranitidine tablets to capsules.

Corbett said the multi-state settlement also requires CVS/Caremark to adopt a "Corporate Integrity Agreement," ensuring the company will not switch dosage forms of medications if that change would result in higher costs for Medicaid and other prescription programs. The billing practices for CVS will also be subject to ongoing federal scrutiny.

The settlement with CVS/Caremark includes Pennsylvania, along with Alabama, Connecticut, Florida, Georgia, Illinois, Indiana, Kentucky, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Rhode Island, South Carolina, Tennessee, Vermont, Virginia and West Virginia, as well as the District of Columbia and the federal government.

The settlement was the result of joint negotiations involving the U.S. Attorney's Office and the National Association of Medicaid Fraud Control Units.

CONTACT: Nils Frederiksen, Deputy Press Secretary for Pennsylvania Attorney General Corbett, +1-717-787-5211, or cell, +1-717-319-2252, nhf@attorneygeneral.gov


'/>"/>
SOURCE Pennsylvania Office of Attorney General
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Cardinal Health Names Former Acting Deputy U.S. Attorney General Craig S. Morford to Chief Compliance Officer Post
2. Empire Blue Cross Blue Shield Statement in Response to New York Attorney Generals Recent Subpoenas
3. TransUnion Addresses Ohio Attorney Generals Concerns Surrounding Non-Profit Tax-Exempt Status
4. Anapol Schwartz Attorney Representing Trasylol(R) Victims Says Medical Study - Confirming Heart Bypass Drug Mortality Risk - to Open Floodgates for More Litigation
5. Pennsylvania Attorney General Corbett Announces Multi-State Settlement With Caremark
6. AHIP Statement on New York Attorney Generals Announcement
7. Pennsylvania Attorney General Approves Vincentian Collaborative System-Marian Manor Integration
8. Former FTC Attorney Christine White Joins Crowell & Morings Health Care and Antitrust Groups
9. Elder Care Operator and Plaintiff Attorney Announce Unprecedented Settlement Agreement in Class Action Lawsuit
10. Statement from AAJ President Kathleen Flynn Peterson on ATRAs Latest Attack on Civil Justice Attorneys
11. Famed Attorney Willie Gary Files $10.6 Billion in Lawsuits against Big Tobacco Companies on Behalf of Florida Smokers and their Families
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/28/2017)... ... June 28, 2017 , ... The parent company of ... employee engagement. Omaha-based C&A Industries, a national leader in staffing and recruitment, ... in North America for 2017. The annual award, issued by Achievers, an ...
(Date:6/28/2017)... ... June 28, 2017 , ... Guide to FDA and ... , No matter on which side of the Atlantic devicemakers do business, this fully ... have to follow. , In addition to the full text of the FDA’s regulations ...
(Date:6/28/2017)... ... June 28, 2017 , ... Eating disorders have the highest ... minutes, at least one person dies as a direct result from an eating disorder ... for qualified treatment providers. The iaedp Foundation meets this challenge by offering what has ...
(Date:6/28/2017)... ... June 28, 2017 , ... American Farmer proudly announces the ... the award winning television series, scheduled to broadcast fourth quarter 2017. American Farmer airs ... a regional supplier of garden pea seed. As demand grew, the small company located ...
(Date:6/28/2017)... ... June 28, 2017 , ... Schneider Insurance and Financial, a ... in southern Montana, is announcing a focused charity effort to gather regional support ... offered by Zoo Montana provide students with current knowledge on the characteristics and ...
Breaking Medicine News(10 mins):
(Date:6/14/2017)... 14, 2017 The Bio Supply Management Alliance ... of Fremont and the Biomedical Manufacturing Network ... in California by providing a ... and fostering workforce development. The primary focus of this ... start-ups, as well as small and mid-sized biomedical companies. ...
(Date:6/11/2017)... 2017  Eli Lilly and Company (NYSE: LLY ... studies of galcanezumab, an investigational treatment for the prevention ... several key secondary endpoints for galcanezumab compared to placebo ... (EVOLVE-1, EVOLVE-2 and REGAIN) will be presented today at ... Boston . "The ...
(Date:6/8/2017)... MAITLAND, Fla. , June 8, 2017  Less ... ransomware attack that hit more than 200,000 companies, including hospital ... is being heralded as one of the largest online ... technology in the healthcare market, it is imperative that ... can protect their data from this — and many ...
Breaking Medicine Technology: