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Pharmacy benefits managers ring in new year by serving termination notices of provider agreements with pharmacies

Pharmacy benefits managers ring in new year by serving termination notices of provider agreements with pharmacies

Pharmacy Benefit Managers’ (PBM) termination of Provider Agreements (PA’s) for specialty pharmacies that have allegedly failed to comply with the mandates of the PA seems to be on the rise, with devastating results to the specialty or network pharmacy.  Throughout the country pharmacies are receiving termination notices pursuant to their ... Read More »

Whistleblowers and USDOJ continue to target PBM’s and pharmacies with FCA suits – CVS Caremark settles FCA suit for $6 illion

Whistleblowers and USDOJ continue to target PBM’s and pharmacies with FCA suits – CVS Caremark settles FCA suit for $6 illion

Caremark LLC has agreed to pay $6 million to settle a False Claims Act (FCA) suit brought by whistleblower Donald A. Well, a former Caremark claims manager. While the company denied any wrongdoing and indicated that it agreed to the settlement to “avoid the expense and uncertainly of protracted litigation,” ... Read More »

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