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A federal judge ordered CVS Health's pharmacy benefit manager unit to pay $289.9 million in damages and penalties after it ...
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CVS Caremark ordered to pay $290M after Medicare fraud scheme exposed by former Aetna whistleblower
Whistleblower Sarah Behnke's lawsuit leads to a $290 million judgment against CVS Caremark for overcharging Medicare on ...
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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 ...
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 ...
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.
CVS did not break out separate enrollment figures for fully insured group health plans when it posted its earnings. Enrollment in self-funded employer plans that Aetna administers increased to 14. ...
CVS Health has seen a 34 percent decrease in suicide attempts among adult Aetna members between 2021 and March of 2022, compared with rates measured in 2019. The decline is thanks to Aetna and CVS ...
CVS also would not say which areas of Aetna were affected by the layoffs, noting they were in “all part of the Aetna business.” In Connecticut, CVS now employs 9,220, which includes a chain of ...
Aetna is eyeing benefit cuts and other measures to lift Medicare Advantage profit margins from -3% to at least 4% over the next few years, CVS Health executives said.
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.
Aetna CVS Health individual and family plans will be available in select counties in Arizona, California, Delaware, Florida, Georgia, Illinois, Missouri, North Carolina, New Jersey, Nevada, Texas ...
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