Attorney General Pam Bondi News Release
August 25, 2011
Contact: Whitney Ray
Phone: (850) 245-0150
Attorney General Bondi’s Office Recovers More Than $26 Million From Pharmaceutical Company in Medicaid Fraud Settlement
TALLAHASSEE, Fla.–Attorney General Pam Bondi announced today that Florida, four other states, and the federal government have reached a $154 million settlement with Par Pharmaceuticals, Inc. and Par Pharmaceuticals Companies, Inc. to resolve claims of Medicaid fraud. Allegedly, these companies knowingly set and reported false and inflated prices for medications dispensed by pharmacies and other providers who were then reimbursed by the Florida Medicaid program. Florida’s portion of the settlement is $26.6 million.
“When people defraud the Florida Medicaid program, they are ultimately defrauding Florida’s taxpayers, and the state deserves to be made whole,” stated Attorney General Pam Bondi. “I encourage anyone who suspects Medicaid fraud to report it to our office.”
The alleged violations of the Florida False Claims Act by Par Pharmaceuticals were originally filed by whistleblower Ven-A-Care of the Florida Keys, Inc. on behalf of the State of Florida. The Attorney General’s Office investigated the claims and subsequently intervened in the lawsuits. Alaska, South Carolina, Kentucky, Texas, and the federal government are also parties to the settlement.
To view the settlement, please click here.