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May 15, 2012 · Omnicare will pay a civil penalty of $50 million to settle claims that some of its pharmacies: • routinely dispensed controlled substances to residents of long-term care facilities without a prescription signed by a practitioner;
Nov 3, 2009 · The government also alleged that Omnicare solicited, and IVAX paid, $8 million in kickbacks in exchange for Omnicare’s agreement to purchase $50 million in drugs from IVAX.
May 15, 2012 · Under terms of the settlement, Omnicare can continue to dispense medication provided it pays the $50 million within the next few days. An eprescribing program for controlled substances within institutional markets is expected to improve quality and adhere to DEA regulations for such drugs within the LTC market. Posted in: News. Tagged with:
Nov 3, 2022 · During the third quarter 2022 earnings call, CVS Health announced that it is actively exploring strategic alternatives for Omnicare. “We recorded a pre-tax loss on assets held for sale of $2.5 billion related to the write-down of our long-term care business, Omnicare, where we are in the process of exploring strategic alternatives.”
May 14, 2012 · CLEVELAND (AP) — Omnicare will pay $50 million to settle allegations that it improperly dispensed drugs for nursing home patients without a doctor’s signed prescription since 2007, the government announced Friday.
May 11, 2012 · Omnicare today said it will pay the U.S. government $50 million in a civil settlement over the Drug Enforcement Administration’s (DEA) claims that certain Omnicare pharmacies had errors and deficiencies in dispensing controlled substances.
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May 14, 2020 · CVS Health subsidiary Omnicare will pay $15.3 million to settle allegations that it improperly dispensed opioids and other controlled substances, the Department of Justice announced. Omnicare...
