In a shocking case of Medicaid fraud, Omnicare Inc., a leading provider of pharmacy services, has been hit with a $7.485 million settlement for allegedly designing and implementing an automated label verification system that resulted in the submission of false claims for generic drugs. The system, which was used to increase business efficiency and profit, led to the dispensing of drugs with patient-specific labels displaying the incorrect manufacturer or NDC.
The case, which was pursued by the U.S. Attorney’s Office in the District of New Jersey, alleges that Omnicare’s actions resulted in significant financial losses for Medicare and Medicaid beneficiaries. The settlement, which was reached in 2017, is a major victory for the government in its efforts to combat Medicaid fraud.
According to the U.S. Attorney’s Office, the settlement is the latest in a series of cases taken by the government to combat Medicaid fraud in New Jersey. In addition to the settlement with Omnicare, the government has also collected millions of dollars in cash and proceeds from the sale of real property in a large-scale home health care aide fraud case.
Omnicare Inc., a leading provider of pharmacy services, was found to have engaged in Medicaid fraud. The company’s actions resulted in significant financial losses for Medicare and Medicaid beneficiaries.
The case against Omnicare Inc. highlights the need for increased oversight and regulation of companies providing pharmacy services to Medicaid beneficiaries. The settlement is a major victory for the government in its efforts to combat Medicaid fraud and protect the integrity of the program.
The U.S. Attorney’s Office in the District of New Jersey worked closely with other federal agencies to pursue the case against Omnicare Inc. The settlement is a testament to the importance of collaboration and coordination in combatting Medicaid fraud.
Omnicare Inc. has agreed to pay $7.485 million to settle allegations of Medicaid fraud. The company’s actions resulted in significant financial losses for Medicare and Medicaid beneficiaries.
Key Facts
- State: New Jersey
- Category: White Collar Crime|Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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