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Violation Tracker Individual Record

Company: Omnicare Inc.
Current Parent Company: CVS Health
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $8,240,000
Year: 2014
Date: June 25, 2014
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Violation Description: Omnicare Inc., a large provider of pharmaceuticals and pharmacy services to nursing homes, agreed to pay $8.24 million to settle multistate litigation alleging it offered improper financial incentives to skilled nursing facilities in return for their continued selection of Omnicare to supply drugs to Medicaid beneficiaries. This was part of a larger $124 million settlement involving the federal government; see the Violation Tracker entry at (click here)
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
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)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.