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Thursday, July 28, 2022 12:24:12 PM
By: Reuters | July 28, 2022
The New York Attorney General on Thursday sued CVS Health Corp (NYSE:CVS), saying the pharmacy chain violated antitrust laws and hurt New York safety-net hospitals and healthcare providers.
The lawsuit says CVS required safety-net hospitals and clinics to exclusively use a CVS-owned company, Wellpartner, to process and obtain federal subsidies on prescriptions filled at its pharmacies, which forced these providers to incur millions in additional costs.
CVS did not immediately respond to a Reuters request for comment.
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