Skip to main content
U.S. flag

An official website of the United States government

Official websites use .gov
A .gov website belongs to an official government organization in the United States.

Secure .gov websites use HTTPS
A lock ( ) or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.

Solco Healthcare Agreed to Pay $200,000 for Allegedly Violating the Civil Monetary Penalties Law by Failing to Submit Timely Pricing Data

On November 29, 2024, Solco Healthcare US, LLC (Solco), Somerset, New Jersey, entered into a $200,000 settlement agreement with OIG. The settlement agreement resolves allegations that Solco failed to submit timely certified monthly and quarterly Average Manufacturer's Price (AMP) data to the Centers for Medicare and Medicaid Services (CMS) for certain months and quarters in 2021, 2022, and 2023. The Medicaid Drug Rebate Program requires manufacturers to enter into and have in effect a national rebate agreement with the Secretary of Health and Human Services in order for Medicaid payments to be available for the manufacturer's covered outpatient drugs. Companies with such rebate agreements are required to submit certain drug pricing information to CMS, including quarterly and monthly AMP data. Senior Counsel Jonathan Culpepper, with the assistance of Program Analyst Mariel Filtz, represented OIG.

Action Details

  • Date:November 29, 2024
  • Enforcement Types:
    • CMP and Affirmative Exclusions