Massachusetts Medicaid program recovers record $46.7M in 2008
Healthcare Auditing Weekly, January 20, 2009
The Medicaid Fraud Division of the office of Massachusetts’ Attorney General Martha Coakley broke the previous recovery record by $20 million, with $46.7 million recovered primarily from 13 civil state and multi-state settlements.
According to a press release from the Attorney General's offce, the most significant settlements include the following:
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A March settlement with CVS/Caremark resolved allegations the retail pharmacy chain violated various state and federal statues and regulations. The settlement—a result of a seven-year investigation—recovered $36.7 million for 23 state programs with $3.7 million going back to the Massachusetts program.
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A February settlement with Merck & Co., which totaled $649 million dollars, making it one of the largest healthcare fraud settlements ever reached. Massachusetts received $10.5 million in that settlement.
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A $9.2 million July settlement with Bristol-Myers Squibb Company
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A $7 million December settlement with Teva Pharmaceuticals USA, Inc., and its wholly-owned subsidiary Ivax Corporation
In the two years that Attorney General Coakley has been in office, the Medicaid Fraud Division has recovered $73.2 million.
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