Tuesday, September 21, 2010

Omnicare Pays Again

From http://www.tradingmarkets.com/news/stock-alert/ocr_omnicare-pays-21-million-to-settle-allegations-of-medicaid-fraud-in-massachusetts-and-michigan-in-w-1181384.html

Omnicare, Inc., the nation's leading provider of medications for nursing home residents, has paid $21,050,000.00 to settle allegations brought by a whistleblower that it defrauded the Medicaid programs of the Commonwealth of Massachusetts and the State of Michigan by knowingly charging more for drugs for the indigent than it charges private insurers.

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