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CVS Caremark

#3 CVS Whistleblower Gets $2.6M and Pays Government $17.5M for Overbilling

2011-04-19
By: Awareity
On: April 19, 2011
In: *Connecting the Dots Blog*, Incident Reporting, Information Privacy, Information Security, Risk Management

  CVS Caremark Corp has agreed to pay $17.5 million to resolve claims that it overbilled Medicaid.  The case was brought to the Justice Department by a whistleblower in Minnesota, who will receive $2.6 million. Which makes more sense to you and your bottom line?  A) Having employees report illegal and unethical situations internally so your organization can address situations and document them for legal and CYA purposes or B) having employees report illegal and unethical situations to the federal government and then dealing with expensive multi-million dollar fines, spending time and money and resources on repairing reputations and having the whistleblower get paid millions too?Read More →

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