This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: Walgreens to pay $106.8M over claims it billed authorities for prescriptions by no means allotted
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > Markets > Walgreens to pay $106.8M over claims it billed authorities for prescriptions by no means allotted
Markets

Walgreens to pay $106.8M over claims it billed authorities for prescriptions by no means allotted

Editorial Board Published September 15, 2024
Share
Walgreens to pay 6.8M over claims it billed authorities for prescriptions by no means allotted
SHARE

Bilt CEO Ankur Jain explains how members will be capable to use their FSA/HSA accounts for his or her Walgreens purchases.

Walgreens Boots Alliance has agreed to pay a $106.8 million superb to settle allegations the pharmacy chain billed federal well being care packages for prescriptions that have been by no means crammed.

The Division of Justice introduced Friday an settlement with Walgreens had been reached to resolve the federal government’s claims that the corporate violated the False Claims Act and state statutes.

Walgreens has agreed to pay greater than $106 million to settle authorities claims it billed federal well being care businesses for prescriptions that have been by no means allotted. (Joe Raedle/Getty Pictures / Getty Pictures)

The federal government alleges that, between 2009 and 2020, Walgreens despatched false claims for fee to Medicare, Medicaid and different federal well being care packages for prescriptions that have been processed at its pharmacies however that have been by no means picked up by the sufferers.

NEARLY 1M MEDICARE BENEFICIARIES POTENTIALLY AFFECTED AFTER DATA BREACH

As an alternative of withdrawing the claims for the deserted medicine, Walgreens restocked and resold them to different prospects, receiving fee twice for the prescriptions. In accordance with the federal government, the pharmacy chain collected tens of hundreds of thousands in taxpayer {dollars} over the 11-year interval for medication that by no means made it to its supposed well being care beneficiaries.

Walgreens store in NYC

The DOJ claims that, over a decade, Walgreens billed federal well being care businesses for tens of hundreds of thousands of {dollars} for prescriptions that by no means made it to beneficiaries. (Lindsey Nicholson/UCG/Common Pictures Group through Getty Pictures / Getty Pictures)

“This settlement marks another major achievement in our ongoing commitment to combat health care fraud,” U.S. Lawyer Roger B. Handberg for the Center District of Florida mentioned in an announcement asserting the settlement. “It is essential to hold pharmacies accountable when they knowingly fail to abide by the rules and requirements of our national health care programs.”

DOJ CHARGES NEARLY 200 PEOPLE OVER $2.7 BILLION IN HEALTH CARE FRAUD SCHEMES

As a part of the settlement, Walgreens didn’t admit legal responsibility. 

“Due to a software error, we inadvertently billed some government health care programs for a relatively small number of prescriptions our patients submitted but never picked up,” a Walgreens spokesperson mentioned in an announcement when reached by FOX Enterprise for remark. 

“We corrected the error, reported the issue to the government and voluntarily refunded all overpayments. We appreciate the government acknowledged our compliance efforts as part of resolving this matter.”

Ticker Safety Final Change Change % WBA WALGREENS BOOTS ALLIANCE INC. 9.21 +0.37
+4.19%

Walgreens Boots Alliance, Inc.

 

The DOJ mentioned that as a part of the decision, Walgreens did obtain credit score for taking various actions to reveal, cooperate and repair the problems that led to the alleged False Claims Act violations.

The federal government mentioned Walgreens has enhanced its digital pharmacy administration system to stop the issues from taking place once more and self-reported some points.

GET FOX BUSINESS ON THE GO BY CLICKING HERE 

Walgreens beforehand refunded the federal government greater than $66 million in settlement claims, the federal government mentioned, and the corporate will obtain credit score for that quantity.

TAGGED:106.8MbilledclaimsdispensedgovernmentpayprescriptionsWalgreens
Share This Article
Twitter Email Copy Link Print
Previous Article Trump Media inventory jumps after former president says he will not promote his shares Trump Media inventory jumps after former president says he will not promote his shares
Next Article Inflation hits 2.5% in August, conserving the Consumed monitor to decrease rates of interest Inflation hits 2.5% in August, conserving the Consumed monitor to decrease rates of interest

Editor's Pick

Brooke Hogan Written Out of Hulk’s Will (At Her Personal Request)

Brooke Hogan Written Out of Hulk’s Will (At Her Personal Request)

Studying Time: 3 minutes Brooke Hogan isn’t in her dad’s will, a brand new report reveals. Regardless of years of…

By Editorial Board 4 Min Read
6 Greatest Underwear To Stop Chafing For Males in 2025 | Fashion
6 Greatest Underwear To Stop Chafing For Males in 2025 | Fashion

We independently consider all really helpful services. Any services or products put…

15 Min Read
9 Finest Males’s Shorts Manufacturers – Versatile Types For 2025 | Fashion
9 Finest Males’s Shorts Manufacturers – Versatile Types For 2025 | Fashion

We independently consider all advisable services. Any services or products put ahead…

13 Min Read

Oponion

Pat Sajak Web Value: Did ‘Wheel of Fortune’ Pay Him a Fortune?

Pat Sajak Web Value: Did ‘Wheel of Fortune’ Pay Him a Fortune?

Studying Time: 4 minutes Pat Sajak will need to have…

April 25, 2025

Comic who mocked Puerto Rico at Trump rally will get Netflix deal

Tony Hinchcliffe, the comic whose look…

March 25, 2025

The Impression of 4/20 on Hashish Legalization Efforts

April twentieth, generally referred to as…

March 29, 2025

McDonald’s extends $5 worth meal at most US places

Former JPMorgan Chase chief economist Anthony…

September 17, 2024

Fly9 Trading Beats Trading Anxiety with well-kept secret AI-powered Trading Indicators

An entrepreneur owning a company called…

May 12, 2022

You Might Also Like

Microsoft joins unique T market cap membership after AI surge, becoming a member of just one different firm
Markets

Microsoft joins unique $4T market cap membership after AI surge, becoming a member of just one different firm

Angelo Zino, a CFRA Analysis senior fairness analyst, discusses the efficiency of Microsoft, Meta and the general tech sector within…

4 Min Read
Moderna plans to slash 10% of workforce as COVID shot gross sales gradual
Markets

Moderna plans to slash 10% of workforce as COVID shot gross sales gradual

Rep. Russell Fry, R-S.C., discusses the Home probe into Pfizer’s launch of COVID vaccine outcomes and extra on ‘Varney &…

3 Min Read
Figma goes public, and the CEO was a fellow at Peter Thiel’s basis
Markets

Figma goes public, and the CEO was a fellow at Peter Thiel’s basis

‘Making Money’ host Charles Payne discusses whether or not the inventory market is a coiled spring able to explode or…

5 Min Read
Zuckerberg needs to offer everybody their very own private superintelligence via Meta’s new imaginative and prescient
Markets

Zuckerberg needs to offer everybody their very own private superintelligence via Meta’s new imaginative and prescient

Meta CEO Mark Zuckerberg on Wednesday introduced the tech large will give attention to growing a private superintelligence for everybody, which…

4 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?