CVS Health Corp. signage is displayed outside a store in downtown Los Angeles, California, U.S., on Friday, Oct. 27, 2017. The prospect of Amazon.com Inc. entering the healthcare business is beginning to cause far-reaching reverberations for a range of companies, roiling the shares of drugstore chains, drug distributors and pharmacy-benefit managers, and potentially precipitating one of the biggest corporate merger deals this year. Antitrust Class Action Alleges CVS Forces Hospitals to Pay Inflated Prices
This suit was surfaced by Law.com Radar. Read the complaint here.
April 20, 2023 at 11:39 AM
2 minute read
CVS Health, CVS Pharmacy and CVS subsidiary Wellpartner were slapped with an antitrust class action Monday in Pennsylvania Eastern District Court in connection with the federal 340B drug-pricing program. The suit asserts that CVS is forcing Brandywine Hospital and similarly situated 'safety-net' healthcare providers to purchase services at inflated prices from Wellpartner in exchange for processing 340B-eligible prescriptions for low-income patients. The complaint was brought by Fine, Kaplan and Black; Lockridge Grindal Nauen; and Rupp Pfalzgraf LLC. Counsel have not yet appeared for the defendants. The case is 2:23-cv-01458, Brandywine Hospital, LLC v. CVS Health Corporation et al.
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