fromwww.amny.com
1 week agoMount Sinai says CVS has stolen over $121M from a federal program meant to fund prescriptions for those who can't pay | amNewYork
CVS is taking money that should be going to Mount Sinai and other hospitals serving low-income and uninsured patients under a federal program, according to a suit filed by Mount Sinai on Monday in Manhattan federal court. The money in question should be received by Mount Sinai through a federal program, known as 340B, to offset the cost of prescription drugs for patients who can't pay full price, its suit says. But CVS, which distributes those drugs, has directed over $121 million of the funds into its own coffers since 2020 in what Mount Sinai calls a secret pricing scheme, leaving the healthcare provider without critical support.
Healthcare