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McKesson Corporation: Difference between revisions
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In April 2012, McKesson agreed to pay the United States $190M to settle allegations that it had inflated prices and overbilled [[Medicaid]].<ref>{{Cite web|date=2012-04-26|title=McKesson Corp. Pays U.S. More Than $190 Million to Resolve False Claims Act Allegations|url=https://www.justice.gov/opa/pr/mckesson-corp-pays-us-more-190-million-resolve-false-claims-act-allegations|access-date=2022-02-21|website=www.justice.gov|language=en}}</ref> Three months later, in July 2012, McKesson agreed to pay California and 28 other states $151M to settle allegations that it had inflated prices and overbilled Medicaid.<ref>{{Cite web|date=2012-07-26|title=Attorney General Kamala D. Harris Recovers $23.5 Million in Settlement with McKesson Over Inflated Prescription Drug Prices|url=https://oag.ca.gov/news/press-releases/attorney-general-kamala-d-harris-recovers-235-million-settlement-mckesson-over|access-date=2022-02-21|website=State of California - Department of Justice - Office of the Attorney General|language=en}}</ref> | In April 2012, McKesson agreed to pay the United States $190M to settle allegations that it had inflated prices and overbilled [[Medicaid]].<ref>{{Cite web|date=2012-04-26|title=McKesson Corp. Pays U.S. More Than $190 Million to Resolve False Claims Act Allegations|url=https://www.justice.gov/opa/pr/mckesson-corp-pays-us-more-190-million-resolve-false-claims-act-allegations|access-date=2022-02-21|website=www.justice.gov|language=en}}</ref> Three months later, in July 2012, McKesson agreed to pay California and 28 other states $151M to settle allegations that it had inflated prices and overbilled Medicaid.<ref>{{Cite web|date=2012-07-26|title=Attorney General Kamala D. Harris Recovers $23.5 Million in Settlement with McKesson Over Inflated Prescription Drug Prices|url=https://oag.ca.gov/news/press-releases/attorney-general-kamala-d-harris-recovers-235-million-settlement-mckesson-over|access-date=2022-02-21|website=State of California - Department of Justice - Office of the Attorney General|language=en}}</ref> | ||
On June 24, 2013, '' | On June 24, 2013, ''The Wall Street Journal'' reported that McKesson Chairman and CEO [[John Hammergren]]'s pension benefits of $159 million had set a record for "the largest pension on file for a current executive of a public company, and almost certainly the largest ever in corporate America".<ref>{{cite news|url=https://www.wsj.com/articles/SB10001424127887323998604578565491579124154|title=McKesson CEO Is Due $159 Million Pension|author=Mark Maremont|date=June 25, 2013|newspaper=The Wall Street Journal|access-date=April 20, 2015|archive-url=https://web.archive.org/web/20150427150632/http://www.wsj.com/articles/SB10001424127887323998604578565491579124154|archive-date=April 27, 2015|url-status=live}}</ref> | ||
In 2014, McKesson acquired [[McKesson Europe|Celesio]] to become one of the world's largest health care companies, with over $179 billion in annual revenue.<ref>{{Cite web|url=https://www.mckesson.com/about-mckesson/newsroom/press-releases/2013/mckesson-launches-public-takeover-offer-for-celesio/|title=McKesson Launches Public Takeover Offer for Celesio {{!}} McKesson|website=www.mckesson.com |access-date=January 21, 2019 |archive-url=https://web.archive.org/web/20180807063855/https://www.mckesson.com/about-mckesson/newsroom/press-releases/2013/mckesson-launches-public-takeover-offer-for-celesio/|archive-date=August 7, 2018|url-status=live}}</ref> | In 2014, McKesson acquired [[McKesson Europe|Celesio]] to become one of the world's largest health care companies, with over $179 billion in annual revenue.<ref>{{Cite web|url=https://www.mckesson.com/about-mckesson/newsroom/press-releases/2013/mckesson-launches-public-takeover-offer-for-celesio/|title=McKesson Launches Public Takeover Offer for Celesio {{!}} McKesson|website=www.mckesson.com |access-date=January 21, 2019 |archive-url=https://web.archive.org/web/20180807063855/https://www.mckesson.com/about-mckesson/newsroom/press-releases/2013/mckesson-launches-public-takeover-offer-for-celesio/|archive-date=August 7, 2018|url-status=live}}</ref> | ||