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In 2014, Caremark was accused of manipulating how drug costs were reported, prompting Aetna and SilverScript to submit false ...
Chief Judge Mitchell Goldberg tripled to $285 million the damages he had ordered CVS Caremark to pay in June, citing the federal False Claims Act.
A federal judge has ordered CVS Caremark to pay nearly $290 million in damages after determining the pharmacy benefit manager overbilled Medicare for prescription drugs, according to court documents ...
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TipRanks on MSNCVS Health (CVS) Ordered to Pay Nearly $290M for Medicare Fraud
Notably, the case came from a whistleblower lawsuit filed by Sarah Behnke, a former Medicare Part D actuary at Aetna, who ...
A federal judge has ordered CVS Caremark to pay almost $290 million in damages and penalties after a whistleblower proved the ...
StockStory.org on MSN10d
CVS Q2 Deep Dive: Pharmacy Strength and Aetna Recovery Drive Guidance Boost
Diversified healthcare company CVS Health (NYSE:CVS) in Q2 CY2025, with sales up 8.4% year on year to $98.92 billion. Its non ...
CVS announced its plan to buy Aetna in 2017. CVS’s board is reportedly considering splitting its legion of retail pharmacies and its Aetna insurance operation into separate companies entirely.
The CVS/Aetna deal reeks of conflicts of interests on multiple levels and is not evidently appealing to shareholders in the short term, as it will take time to digest.
Aetna layoffs possible in Conn. as owner CVS says it will cut thousands of jobs Kenneth R. Gosselin, Hartford Courant Published: Oct 02, 2024 4:02 AM Updated: Jan 02, 2024 1:00 AM ...
The CVS-Aetna move would do just this, and would give the combined organization a competitive market advantage over healthcare providers as soon as integration is complete.
The current combined balance sheets of Aetna and CVS have over $10 billion in cash and short term investment (source Q3-2017 reports) yet CVS is counting only $4.1 billion of this in the acquisition.
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