Oklahoma pharmacy owner charged in $1M Medicare, Medicaid scam

An Oklahoma pharmacy owner has been charged with orchestrating a scheme that defrauded Medicare and Medicaid out of more than $1 million.

Advertisement

In an indictment unsealed last week, prosecutors claim that Jeffery Terry submitted false claims to SoonerCare and Medicare Part D for drugs that were not prescribed or dispensed to patients.

Officials say Mr. Terry received nearly $1.1 million from the scam.

The 37-year-old owner of Bratton Drug in Magnum, Okla., was indicted by a federal grand jury in early March. If convicted, Mr. Terry faces up to 10 years in prison and a fine of up to $250,000.

More articles on pharmacy:
10 hospitals seeking pharmacy leadership
Patent protection clause is latest stumbling block for revised NAFTA
Dr. Reddy’s legal win expected to lower cost of opioid addiction treatment

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.

Register to Attend Webinar

The Performance Gap Your Pharmacy Training Metrics Can’t See

Monday, August 10
12:00 PM - 1:00 PM CDT

Presenters: Michael Alexander, AudirieDr. Tina Moen, PharmD, Colibri Healthcare

Advertisement

Next Up in Pharmacy

Advertisement

Comments are closed.