Wednesday, August 27, 2008
Oneida County to recieve $116,947 in Medicaid fraud settlement
Oneida County to recieve $116,947 in Medicaid fraud settlement


Oneida County is receiving $116,947  from a Medicaid Drug Priced Fraud Suit

against Bristol-Myers Squibb. The settlement is part of a nationwide case of similar claims that

was negotiated by the County and the State Attorney General's Medicaid Fraud Control Unit.   

Oneida County alleged 47 pharmaceutical companies fraudulently reported inflated Average

Wholesale Prices of their drugs, resulting in millions of dollars of overcharges to Medicaid. The

Settlement will bring New York State over 40 million dollars, almost the full value of its claims

against the company.


Posted on Wednesday, July 23, 2008 (Archive on Saturday, July 26, 2008)
Posted by wibxnews  Contributed by
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