The original whistle-blower suit alleged Caremark had been erasing reimbursement claims from dual eligibles from its computer system, causing Medicaid to pick up the tab for prescription drugs that should have been covered by Caremark.
Under the terms of the settlement, the federal government will receive $2.31 million and Arkansas, California, Delaware, Louisiana and Massachusetts will share $1.94 million.
More Articles on Healthcare Lawsuits:
11 Kentucky Hospitals File Complaints Alleging HIX Exclusion
The Growth of Healthcare Fraud Qui Tam Lawsuits
Highmark and UPMC Continue to Battle Over Settlement
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.