Oak Street Health, Medicare Advantage
CVS unit Oak Street Health in $60M settlement over kickback scheme
CVS Health (NYSE:CVS) subsidiary Oak Street Health has reached a $60M settlement with the Department of Justice to resolve allegations that it paid third-party insurance agents kickbacks to steer customers to its clinics.
CVS' Oak Street Health will pay $60 million to settle federal kickback allegations
The Anti-Kickback Statute prohibits anyone from offering or paying, directly or indirectly, money or anything else of value to induce referrals of patients or to provide recommendations of items or services covered by Medicare,
Senior-Focused Primary Care Provider Oak Street Health To Pay $60M Settlement Over Kickbacks
Oak Street Health – a key pillar of CVS Health’s (NYSE: CVS) health care services strategy – has reached a $60 million settlement with the Department of
CVS' Oak Street Health paying $60M over alleged Medicare Advantage kickbacks
Oak Street Health, a subsidiary of CVS, is paying $60 million to the federal government to resolve allegations that it violated the False Claims Act by paying kickbacks to third-party insurance agents in exchange for recruiting seniors to Oak Street Health's primary care clinics.
Oak Street Health Agrees to $60 Million Settlement Over Alleged Medicare Kickback Scheme
Oak Street Health, a Chicago-based primary care provider and subsidiary of CVS Health since 2023, has agreed to pay $60 million to settle allegations that it violated the False Claims Act. The company was accused of paying illegal kickbacks to third-party insurance agents as part of a scheme to recruit seniors for Medicare Advantage plans.
Chicago-based Oak Street Health to pay $60M to settle kickback allegations
Chicago-based Oak Street Health has agreed to pay $60 million to settle allegations that it paid kickbacks to insurance agents in exchange for their help recruiting patients. The U.S. government alleged that from 2020 to 2022,
CVS Health Corp. stock underperforms Friday when compared to competitors
Supported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch ...
Dividend Roundup: Microsoft, JPMorgan, CVS Health, Nucor, and more.
This week's dividend activity included increased payouts from Microsoft (NASDAQ:MSFT) and JPMorgan (NYSE:JPM) as well as ...
Health care giant sues to stop antitrust probe of pharmacy drug middlemen
The owner of one of the three largest pharmacy middlemen in the United States on Tuesday filed suit to quash an attempt by ...
CVS Health Corp. stock outperforms competitors on strong trading day
CVS Health Corp. closed $24.83 short of its 52-week high ($83.25), which the company reached on January 8th.
CVS Health: At Least There's A Valuable Lesson (Rating Downgrade)
CVS Health's strategy to pivot into health services failed due to lack of experience and market complexity. See why I ...
Drug Store News2d
CVS Health Foundation, American Lung Association to educate communities on health impacts of poor air quality
CVS Health Foundation is investing $3.5 million over four years to combat this health issue.