anticompetitive practices
“Corners are cut to dispense prescriptions,” CVS employee tells Ohio Board of Pharmacy
At least eight CVS pharmacies in Ohio are so understaffed that they have seen rampant turnover, dirty conditions, lack of controls over dangerous drugs and wait times as long as a month for prescriptions, according to reports by the Ohio Board of Pharmacy. The waits have been so long that a harried CVS pharmacist in […]
With new acquisition, CVS to get bigger and broader, raising concerns
When CVS Health announced last week that it was buying Signify Health for $8 billion, executives with both companies said it will help them to more effectively deliver care. But some observers are concerned that it means CVS and rival UnitedHealth Group are extending their dominance into yet another aspect of American health care. Dallas-based […]
Federal Trade Commission to investigate pharmacy middlemen
After years of pleading, the Federal Trade Commission on Tuesday voted to investigate the practices of some of the nation’s largest companies. They’re accused of using their dominance in myriad sectors of the health care space to drive up costs, drive out competition and reap profits. Four of the six companies to be investigated have […]
Ohio sues health giant over drug discrepancies
Ohio Attorney General Dave Yost has sued the largest Medicaid provider in the U.S. He’s claiming that, in addition to other transgressions, health care giant Centene billed the Ohio Department of Medicaid’s pharmacy program for money that had already been paid. The St. Louis-based company owns the Buckeye Health Plan, one of the five managed-care […]