The settlement announced by the Department of Justice on Wednesday comes after federal regulators accused Aetna of submitting inaccurate data to the CMS.

Aetna was accused of submitting false patient diagnosis data for its Medicare Advantage Plan enrollees in order to get higher monthly payments from the Centers for Medicare and Medicaid Services.

By Jonathan Stempel NEW YORK, March 11 (Reuters) - Aetna, a unit of CVS Health, agreed to pay $117.7 million to resolve U.S. government charges it defrauded Medicare by knowingly submitting inaccurate ...

CVS Health (CVS) stock is down as its insurance unit Aetna to pay $117.7M to settle DOJ's Medicare Advantage fraud allegations over diagnosis codes. Read more here.

(Reuters) -A federal judge ordered CVS Health's pharmacy benefit manager unit to pay $289.9 million in damages and penalties after it overcharged Medicare for prescription drugs. In a Tuesday decision ...

CVS Pharmacy has finally completed its Apple Pay rollout in stores across the U.S. It slowly started adding support a few weeks ago, but customers should now be able to enjoy it at all locations ...