Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Omnicare Inc.
Current Parent Company: CVS Health
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $38,100,000
Year: 2009
Date: November 3, 2009
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Secondary Offense: kickbacks and bribery
Mega-Scandal: Healthcare Kickbacks
Violation Description: Nursing home pharmacy Omnicare Inc. and drug manufacturer IVAX Pharmaceuticals agreed to pay a total of $43.5 million to settle multistate litigation alleging that Omnicare engaged in kickback schemes with several parties, including IVAX, and thus caused false claims to be submitted to state Medicaid programs. This was part of a larger $112 million settlement ($98 million from Omnicare and $14 million from IVAX) involving the federal government; see the Violation Tracker entry at (click here)
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Rhode Island
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: retailing
Specific Industry of Current Parent: retail-pharmacies
Source of Data: (click here)
Archived Source: (click here)
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.