CVS Subsidiary Oak Street Health Agrees to $60M Settlement in Medicare Kickback Violations [Yahoo! Finance]
Walgreens Boots Alliance, Inc. (WBA)
Last walgreens boots alliance, inc. earnings: 4/2 07:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
investor.walgreensbootsalliance.com
Company Research
Source: Yahoo! Finance
to settle for $60 million following allegations that it violated the False Claims Act. The claims involved paying kickbacks to third-party insurance agents to recruit seniors to its primary care clinics, a practice that led to false Medicare submissions. The allegations center around Oak Street Health's Client Awareness Program, launched in 2020, which aimed to increase membership through third-party insurance agents. These agents targeted seniors enrolled or eligible for Medicare Advantage (MA) plans, directing them toward Oak Street's services. In exchange, agents received approximately $200 per referral, incentivizing them to prioritize financial gain over seniors' best interests. This behavior violated the Anti-Kickback Statute, which prohibits offering payment to induce patient referrals under federally funded programs like Medicare. The U.S. Department of Justice (DOJ) claimed that Oak Street Health knowingly submitted false claims to Medicare between September 2020
Show less
Read more
Impact Snapshot
Event Time:
WBA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WBA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WBA alerts
High impacting Walgreens Boots Alliance, Inc. news events
Weekly update
A roundup of the hottest topics
WBA
News
- Walgreens Boots Alliance (WBA) Suffers a Larger Drop Than the General Market: Key Insights [Yahoo! Finance]Yahoo! Finance
- INVESTOR ALERT: DiCello Levitt LLP Shareholder Class Action Lawsuit Filed Against Walgreens Boots Alliance, Inc. (NASDAQ: WBA); Investors with Losses Encouraged to Discuss Their Options with CounselGlobeNewswire
- Hari Avula Appointed to Board of Guayakí Yerba Mate [Yahoo! Finance]Yahoo! Finance
- Saxena White P.A. Files New Securities Fraud Class Action Lawsuit Against Walgreens Boots Alliance, Inc. and Certain of Its ExecutivesGlobeNewswire
- Should You Buy the 3 Highest-Paying Dividend Stocks in the S&P 500? [Yahoo! Finance]Yahoo! Finance
WBA
Earnings
- 6/27/24 - Miss
WBA
Sec Filings
- 9/6/24 - Form 3
- 8/14/24 - Form N-PX
- 8/14/24 - Form 13F-HR
- WBA's page on the SEC website