News That Matters

New York Attorney General Sues CVS Health for Violating Antitrust Laws

(Reuters) – The New York Attorney General on Thursday sued CVS Health Corp, saying the pharmacy chain violated antitrust laws and hurt New York safety-net hospitals and healthcare providers.

The lawsuit says CVS required safety-net hospitals and clinics to exclusively use a CVS-owned company, Wellpartner, to process and obtain federal subsidies on prescriptions filled at its pharmacies, which forced these providers to incur millions in additional costs.

CVS did not immediately respond to a Reuters request for comment.

(Reporting by Mrinalika Roy in Bengaluru; Editing by Devika Syamnath)

Copyright 2022 Thomson Reuters.

Source link