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

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.

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.

As a bill that has CVS threatening to close 134 pharmacies in Tennessee passed a key committee vote, lawmakers are calling ...

Lawmakers and CVS executives spar in Phoenix over whether taxes, PBM rules or market fixes will lower drug costs.

A judge ruled that employees can sue JPMorgan Chase (JPM) over allowing repeated, excessive payments to ​CVS Caremark in a ...

A law working its way through Tennessee’s legislature could serve the interests of the pharmacy industry-linked GOP lawmakers sponsoring it by reducing competition for them and their donors. Tennessee ...

Senate Bill 2040 in Tennessee could lead CVS to close over 100 stores, impacting access to pharmacy care, but lawmakers assert closures are not the bill's intent.

A major pharmaceutical provider is pushing back against legislation moving through the Tennessee State Legislature.

Artificial intelligence is fueling a technological arms race between US hospitals and insurers over medical billing and ...

"This administration has different priorities and would prefer a contract that is more in line with those priorities," said a plan spokesperson.