Corporate, Securities & Antitrust News
11/4/2009 9:08:06 AM EST
Omnicare will settle kickback cases for $98M
NEW YORK – (AP) Omnicare Inc., which dispenses drugs to nursing homes and long-term care facilities, will pay $98 million to settle allegations it paid kickbacks to nursing homes to gain their business, and also received kickbacks for buying and recommending drugs.
The U.S. Department of Justice said the Covington, Ky., company paid a $50 million kickback … Full version (available to lexis.com subscribers) Create an account or login to post comments.