State gets $2 million in drug case settlement

NASHVILLE, Tenn. (AP) -- Tennessee will receive approximately $2 million as part of a national agreement to resolve a false claim pricing case with McKesson Corp.

Attorney General Bob Cooper said Friday TennCare was among the state Medicaid programs that overpaid for a variety of prescription drugs. The national agreement totaled more than $151 million for states.

The state alleged that McKesson reported inflated average wholesale prices to First Data Bank, a publisher of drug prices, thereby increasing many prices used by Tennessee to set reimbursement.

Cooper said in a statement that Tennessee has no tolerance for any corporation that intentionally manipulates an already complicated system.

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