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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,
CVS' Oak Street Health paying $60M over alleged Medicare Advantage kickbacks
Oak Street Health, a subsidiary of CVS, is paying $60 million to the federal government to resolve allegations that it violated the False Claims Act by paying kickbacks to third-party insurance agents in exchange for recruiting seniors to Oak Street Health's primary care clinics.
Oak Street Health Agrees to $60 Million Settlement Over Alleged Medicare Kickback Scheme
Oak Street Health, a Chicago-based primary care provider and subsidiary of CVS Health since 2023, has agreed to pay $60 million to settle allegations that it violated the False Claims Act. The company was accused of paying illegal kickbacks to third-party insurance agents as part of a scheme to recruit seniors for Medicare Advantage plans.
Chicago-based Oak Street Health to pay $60M to settle kickback allegations
Chicago-based Oak Street Health has agreed to pay $60 million to settle allegations that it paid kickbacks to insurance agents in exchange for their help recruiting patients. The U.S. government alleged that from 2020 to 2022,
9h
on MSN
Dividend Roundup: Microsoft, JPMorgan, CVS Health, Nucor, and more.
This week's dividend activity included increased payouts from Microsoft (NASDAQ:MSFT) and JPMorgan (NYSE:JPM) as well as ...
53m
CVS Health Corp. stock underperforms Friday when compared to competitors
Supported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch ...
4h
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 ...
4h
on MSN
Crews respond to crash involving pedestrian, CVS building in Carolina Forest
MYRTLE BEACH, S.C. (WMBF) - Horry County Fire Rescue said crews responded to a crash involving a business and a pedestrian Friday morning in the Carolina Forest area. The agency said crews were called ...
6h
Vehicle crashes into Carolina Forest CVS
A pedestrian was injured Friday morning when a vehicle hit a CVS Pharmacy in Carolina Forest. Horry County Fire Rescue ...
WSLS 10
17h
New Covid vaccines available at local CVS locations
Newly updated covid vaccines that protect against the current variant are now available in Southwest Virginia at CVS ...
3h
UnitedHealth, CVS Caremark, Express Scripts sued by FTC over skyrocketing insulin prices
The FTC sued UnitedHealth Group’s Optum unit, CVS Caremark and Cigna’s Express Scripts for allegedly steering diabetes ...
2h
UnitedHealth Vs. CVS Vs. Cigna: Which Health Stock Will Beat The FTC's Regulatory Heat?
Cigna may have the edge with smaller footprint and focused approach, but all three giants face risks from FTC's lawsuit over inflated insulin prices.
KSHB Kansas City
46m
CVS pharmacies address staffing issues that led to last year’s walkouts
The fall of 2023 was filled with frustration from customers across Kansas City forced to find new pharmacy options.
3h
Satisfyer Announces Extensive Expansion to 6,700+ CVS Stores
The leading brand in sex tech innovation, Satisfyer was established in 2016 when it set the tone with the launch of its ...
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