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Texas Best Lobbyist Update: Texas to Share in $5 Million Recovery of Medicaid Funds

September 17, 2013 by admin

Texas Best Lobbyist Update: Texas to Share in $5 Million Recovery of Medicaid Funds

https://www.oag.state.tx.us/oagNews/release.php?id=4511

On Wednesday September 4th, Attorney General Greg Abbott announced that Texas and the Federal Government will both receive part of a $5,000,000 settlement. This settlement is with Major Pharmaceuticals Inc, and is intended to resolve civil Medicaid fraud claims. The Harvard Drug Group LLC is also a co-defendant in the settlement. Texas’s enforcement action is accusing Major Pharmaceuticals of misreporting the price of some of their generic brand drugs, overcharging the medicaid program. These inaccurate prices were first reported by Ven-A-Care of the Florida Keys Inc. This pharmacy filed a whistle-blowing lawsuit that brought light to the issue.

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