Walgreens offers statement on DOJ, HHS settlement
Walgreens recently reached a settlement in two civil healthcare fraud suits, according to the Department of Justice. The two settlements with the DOJ and the Office of the Inspector General of the Department of Health and Human Services will see Walgreens paying the U.S. government and state governments a total of $269.2 million.
The company on Wednesday issued a statement on the matter, saying:
“Walgreens is pleased to have resolved these matters with the Department of Justice. The company fully cooperated with the government and has admitted no wrongdoing. Walgreens is a company of pharmacists living and working in the communities we serve, and we have always taken the safety and reliability of the medicines our patients need very seriously. We are resolving these matters because we believe it is in the best interest of our customers, patients and other stakeholders to move forward.”
Walgreens said that the settlement amounts were fully reserved for in its consolidated condensed financial statement as of Nov. 30, 2018. Walgreens also has entered into a corporate integrity agreement with HHS’ inspector general’s office. “The CIA builds upon the company’s already existing comprehensive compliance program,” Walgreens said.
The company on Wednesday issued a statement on the matter, saying:
“Walgreens is pleased to have resolved these matters with the Department of Justice. The company fully cooperated with the government and has admitted no wrongdoing. Walgreens is a company of pharmacists living and working in the communities we serve, and we have always taken the safety and reliability of the medicines our patients need very seriously. We are resolving these matters because we believe it is in the best interest of our customers, patients and other stakeholders to move forward.”
Walgreens said that the settlement amounts were fully reserved for in its consolidated condensed financial statement as of Nov. 30, 2018. Walgreens also has entered into a corporate integrity agreement with HHS’ inspector general’s office. “The CIA builds upon the company’s already existing comprehensive compliance program,” Walgreens said.