State gets $2 million in drug case settlement - WSMV Channel 4

State gets $2 million in drug case settlement

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NASHVILLE, Tenn. (AP) - Tennessee will receive approximately $2 million as part of a national agreement to resolve a false claim pricing case with McKesson Corp.

Attorney General Bob Cooper said Friday TennCare was among the state Medicaid programs that overpaid for a variety of prescription drugs. The national agreement totaled more than $151 million for states.

The state alleged that McKesson reported inflated average wholesale prices to First Data Bank, a publisher of drug prices, thereby increasing many prices used by Tennessee to set reimbursement.

Cooper said in a statement that Tennessee has no tolerance for any corporation that intentionally manipulates an already complicated system.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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