Omnicare LLC & CVS Reach $440M FCA Settlement
Omnicare and CVS agreed to a $440 million settlement with the DOJ over false Medicare/Medicaid claims for prescriptions lacking valid orders.Summary
Omnicare LLC and its parent CVS Health Corporation have reached a proposed $440 million settlement with the Department of Justice to resolve allegations that Omnicare dispensed prescription medications to long‑term care residents without valid prescriptions. The settlement follows a nearly $949 million False Claims Act judgment previously entered against the company, which Omnicare is seeking to reduce through bankruptcy proceedings, with a final hearing set for August 12, 2026. The case originated from a 2015 qui tam complaint filed by pharmacist Uri Bassan, alleging false Medicare and Medicaid claims; after government intervention, Bassan is entitled to 15‑25 percent of the recovery, potentially around $88 million at the midpoint of that range.
(Source：National Law Review)