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Report: CVS to pay $858K over inflated Rx claims in Indiana
Indianapolis -- Indiana Attorney General Greg Zoeller says the state will get $858,000 from CVS Pharmacy to settle allegations that the company overcharged Medicaid programs, the Associated Press reported.
The amount represents Indiana's share of a $17.5 million settlement reached last week with 10 states and the federal government.
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Merlo to assume CEO role at CVS Caremark
WOONSOCKET, R.I. – The next chapter for CVS Caremark officially is under way as the company announced on Monday the next stage of its previously announced transition plan and officially named Larry Merlo, president and COO, as CEO, effective March. 1.
Tom Ryan, chairman, president and CEO, will remain nonexecutive chairman until his retirement at the company’s annual meeting of shareholders in May.