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CVS Pharmacy reaches $315M settlement with Justice Department over controlled substance prescriptions
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'Barron's Roundtable' panelists discuss calls of a breakup for CVS prompting a strategic review.
CVS has agreed to pay $315 million to resolve Justice Department allegations that the pharmacy chain illegally filled prescriptions for opioids and other controlled substances and sought payment for many of them from Medicare and other federal health care programs.
The settlement resolves a case brought by the federal government in 2024 alleging that CVS knowingly filled prescriptions for controlled substances that lacked a legitimate medical purpose or were issued outside the usual course of professional practice.
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