Tag Archives: settlement

Allscripts’ Practice Fusion admits to illegal kickbacks from opioid maker, agrees to $145M settlement

San Francisco-based EHR developer Practice Fusion has agreed to pay $ 145 million alongside an admission that it “solicited and received kickbacks from a major opioid company” in exchange for clinical decision support (CDS) alerts promoting unnecessary prescription opioids, according to a release from the US Department of Justice. In a settlement announced yesterday (and hinted at… Read More »

Sutter posts large Q3 loss due to settlement of antitrust lawsuit

Dive Brief: California hospital chain Sutter Health reported a $ 689 million loss for the third quarter ending Sept. 30. Much of that is due to a $ 575 million set-aside in anticipation of settling an antitrust lawsuit sometime next year. A state court judge will preliminarily finalize the settlement in February with a final settlement… Read More »

DOJ inks price fixing settlement with small generics player. Will others follow?

Top generics players have faced years of price-fixing heat, and now federal prosecutors have inked another settlement with a small company. The upshot? Prosecutors have another firm cooperating in their ongoing criminal investigation. Under a deferred prosecution agreement, Rising Pharmaceuticals admitted to price fixing and working with a competitor to rig the market on a hypertension… Read More »

Teva’s $15B free drug opioid settlement might be a great deal in the long run: analyst

Instead of fighting it out in court, Teva is reportedly offering $ 15 billion in free drugs to escape a massive opioid litigation in Cleveland that has ensnared some of the industry’s biggest players. It’s an unusual—and pricey—offer for Teva, but one analyst thinks it might just work. Teva’s $ 15 billion giveaway, which according… Read More »

Sacklers vs. States: Settlement Talks Stumble Over Foreign Business

Purdue Pharma’s negotiations to settle thousands of lawsuits over the company’s role in the opioids crisis have turned into a standoff between members of the Sackler family, who own the company, and a group of state attorneys general over how much the family should pay and whether it can continue selling drugs abroad. The Sacklers… Read More »