AG Conway Announces Nearly $16.5 Million Settlement with Omnicare
Attorney General Jack Conway and his Medicaid Fraud and Abuse Control Unit today announced that Kentucky has joined with other states and the federal government in a $16.48 million settlement with Omnicare Inc., the nation's largest provider of pharmaceuticals and pharmacy services to nursing homes. The settlement resolves allegations that Omnicare offered improper financial incentives to skilled nursing facilities in return for their continued selection of Omnicare to supply drugs to Medicaid recipients. Kentucky's total share of the settlement is $348,975.84. The federal government will receive $240,130.55 for its share of Kentucky-related damages.
- Date:August 29, 2014
- Agency:Kentucky Office of the Attorney General
- State Enforcement Agencies