tci Medicare Compliance & Reimbursement - 2004 Issue 31

Enforcement Watch: Firms Should Be Vigilant On Reporting Drug Prices

Schering-Plough pays $345 million for allegedly wheeling and dealing with Medicaid.Blockbuster drug? In the feds' book it's becoming a code word for blockbuster settlement.  Schering-Plough Corp. is the latest to take a multi-million dollar hit from the Department of Justice for marketing ploys the department claims are way out of line.      Under the terms of the settlement, the drug giant will pay the government, 50 state Medicaid programs, and some public health service entities more than $290 million to resolve a civil suit that it concealed its true best price for its...

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