CVS to Pay $11M to Settle Record-Keeping Violations

CVS Caremark’s retail pharmacy chain will pay $11 million to the government to resolve claims of record-keeping violations pertaining to prescription medications, according to a Wall Street Journal report.

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The Controlled Substances Act requires each registrant in the Drug Enforcement Administration, including pharmacies, to keep complete and accurate records of each substance that is manufactured, sold, delivered or dispensed by the registrant for two years, according to the report.

From 2005 through 2011, CVS pharmacy stores in “Oklahoma and elsewhere” allegedly used invalid DEA registration numbers on dispensing records, according to the report. The stores also allegedly filled prescriptions for certain prescribers whose DEA registration numbers were not current or valid, among other charges.

CVS said it decided to settle the allegations to avoid lengthy litigation. It also said the claims pertained to administrative matters and did not relate to patients’ health or safety, according to the report.

More Articles on Healthcare Settlements:

St. Luke’s, Easton Hospital in Pennsylvania Settle Medicare Overbilling Claims
Intermountain Healthcare to Pay $25M to Settle Alleged Stark Law Violations
Appeals Court Reverses $11M False Claims Act Decision Against MedQuest

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