CVS Health's pharmacy benefit manager unit must pay the U.S. government $95 million after a federal judge found it overcharged Medicare for prescription drugs.

WOONSOCKET, R.I. — A federal judge ordered CVS Health’s Omnicare unit this week to pay $948.8 million in penalties and damages as part of a lawsuit claiming the company fraudulently billed the ...

CVS Health plans to appeal after a judge in the Southern District of New York ordered its Omnicare unit to pay more than $948 million in penalties and damages related to invalid prescriptions.

CVS Health (NYSE:CVS) shares extended six straight sessions of losses, as the stock slipped 0.7% at $63.38 on Thursday. The ...

Pharmacy giant CVS is facing several lawsuits over allegedly sending text messages to customers to avoid a Louisiana law against PBM business ...

Humana Inc (NYSE:HUM) stock fell as much as 7.5% before trimming losses to 4% following a court ruling against the health insurer in its Medicare bonus payment lawsuit. The decision also impacted ...

NEW ORLEANS — Louisiana filed several lawsuits accusing pharmaceutical giant CVS of abusing customer information and using its dominant market position to drive up drug costs and unfairly ...

CVS further noted that it won the most recent contract to manage the OGB’s pharmacy benefits through a competitive bidding process, scoring 5% higher than the second-place bidder.

Louisiana filed several lawsuits accusing pharmaceutical giant CVS of abusing customer information and using its dominant market position to drive up drug costs and unfairly undermine independent ...