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Violation Tracker Individual Record

Company: AdvancePCS
Current Parent Company: CVS Health
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Penalty: $137,500,000
Year: 2005
Date: September 8, 2005
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Secondary Offense: kickbacks and bribery
Mega-Scandal: Healthcare Kickbacks
Violation Description: AdvancePCS, a pharmacy benefit manager then owned by Caremark Rx, Inc., agreed to pay $137.5 million to resolve civil liabilities in connection with soliciting and receiving kickbacks from pharmaceutical manufacturers and paying kickbacks to potential customers to induce them to contract with AdvancePCS.
Level of Government: federal
Action Type: agency action
Agency: U.S. Attorney-Eastern District of Pennsylvania
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Rhode Island
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: retailing
Specific Industry of Current Parent: retail-pharmacies
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.