In a lawsuit, the pharmacy’s former owner, Pennmark Pharmacy Inc., and current owner, Jai Shri Krishna LLC, were accused of fraudulently billing for high-cost drugs while dispensing cheaper solutions between 2018 and 2020, according to a Jan. 23 Justice Department news release.
To resolve the claims, Jai Shri Krishna and pharmacist Antim Patel agreed to pay nearly $4 million and Pennmark Pharmacy Inc. will pay about $700,000. Jai Shri Krishna and Mr. Patel also entered into an integrity agreement, which requires compliance obligations and to contract with an independent reviewer for third-party audits.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
