Hospitals Take CVS To Court Over Alleged $250M 340B Scheme

Hospitals Take CVS To Court Over Alleged $250M 340B Scheme

The post Hospitals Take CVS To Court Over Alleged $250M 340B Scheme appeared first on Above the Law.

340B lawsuits against CVS allege $250M in underpaid hospital reimbursement

CVS Health’s pharmacy benefit manager (PBM) under-reimbursed three health systems by almost $250 million over five years in connection with the 340B Drug Pricing Program, according to new lawsuits. Filed in three separate federal courts, the complaints describe how CVS Health and its subsidiaries retained a large share of the savings generated through the 340B program instead of transmitting the funds to hospitals. Mount Sinai Health System in N…