Walgreens has aggreed to pay up to $ 350 million in a settlement with the US Department of Justice, Which Accused the Pharmacy of illegally Filling Millions of Prescriptions in the last decade for opioids and other controlled substance.
The Nationwide Druugstore Chain Must Pay the Government at LEAST $ 300 Million and Will Owe another $ 50 million if the Company is SOLD, MERGED, OR TRANSFER BEFORE 2032, Acciting to the Settlement Reached Friday.
The Government’s Complaint, filad in January In the US District Court for the Northern District of Illinois, alleges that walgreens knowingly filled millions of Illegal Prescriptions for Controlled BetWeen August 2012 and March 2023. Significantly Early.
“We Strongly Disagree with the Government’s Legal Theory and Admit No Liability,” Walgreens Spokesperson Fraser Said in a Statement. “This Resolution Allows US to Close All Opioid Related Lithigation with Federal, State, and Local Governments and Provides us with favable terms from a cashflow perspective while we focus on Our turnaround strategy.”
Amid Slumping Store Visites and Shrinking Market Share, Walgreens Announched in October That It Was CLOING 1,200 STORES Around the Country. Rite Aid Filed for Bankruptcy at the end of 2023 as it was also Dealing with losses and opioid Lawsuit settlements. The US Department of Justice Filed a Similar Lawsuit Against CVS in december.
The Complaint Says Walgreens Pharmacists starting the prescriptions Despite Clear Red Flags that the Prescriptions were Highly Likely to Be Invalid, and the Company Pressure Its Pharmacists to Fill Quickly. The Government Alleges Walgreen’s Compliance Officials Ignored “Substantial Evidence” That Its Stoles Were Filling Unlawful Prescriptions and With Important Information on Opioid Prescribers from Its Pharmacists.
Walgreens THEN al The Saughtly Payment for Many of the Invalid Prescriptions Through Medicare and Other Federal Healthcare in Violation of the FALSE CLAIMS ACT, Acciting to the Government.
The US Justice Department has Moved to DisMiss Its Complaint in Light of Frieday’s Settlement.
“Pharmacies have a legal respectility to prescribe control substance in a safe and professional manner, not dispensation drugerous drugs for profit,” Said attorney General Pamela bondi in a staff. “This Department of Justice is Committed to Ending the Opioid Crisis and Holding Bad Actors Accountable for their Failure to Protect Patients from Additionion.”
Walgreen has also entered into an aggregement with the drung enforcement administration to improve it compliance with rules around dispensing substance, police police and procedures requiring pharmacists to confirm the validity of controlled substance prescritriptions, and maintin. Block Prescriptions from Prescribers that are producing illegitimate prescriptions.
With the US Department of Health and Human Services, walgreens has aggreded to escabish and maintain a compliance program that includes training, Board Oversight and Periodic Reporting to Agency Regarding the Pharmacy’s Dispensing Controlled Substances.
“In the midst of the opioid crisis that has been wounded, we relay on Pharmacies to prevent not facilitate the unlawful Distribution of these potentially harmful substance,” Said Norbert E. Vint, Deputy Inspector General of the US Office of Personnel Management.
The Settlement Resolves Four Cases Brought by Form Walgreens Employee Whistleblowers. In 2022, CVS and Walgreens Aggreed to Pay More than $ 10 Billion in a multi-state settlement of Lawsuits Brought against say over the toll of the opioid crisis.
Over the Last Eight Years, Drugmakers, Wholesalers and Pharmacies have aggregated to More than $ 50 Billion Worth of Settlements with Governments – With Money Required to Be Used To Fight the Opioid Crisis.
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