Saturday, October 6, 2012

WC Billing Company to Pay $1M for Alleged Overcharges in Massachusetts

October 5, 2012Email ThisPrintNewslettersTweetArticleComments

A workers’ comp pharmacy billing company has agreed to pay restitution after allegedly overcharging Massachusetts and a number of cities and towns within the state for prescription drugs through the workers’ comp insurance system.

StoneRiver Pharmacy Solutions Inc. has agreed to pay approximately $1 million in restitution, Massachusetts Attorney General Martha Coakley announced this week.

To date, the AG’s Office has recovered more than $9 million in relief through similar investigations of pharmacy retail stores including Walmart and Target Corp., along with major pharmacy chains CVS, Rite-Aid and Walgreens.

The AG’s Office has also obtained recoveries from both Shaw’s Supermarkets and Stop & Shop regarding their workers’ comp municipal prescription businesses. The settlement with StoneRiver is the eighth of its kind.



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