McKesson paying NY $64M as part of $151M multi-state Medicaid fraud settlement On Friday, Attorney General Eric T. Schneiderman announced that the drug distribution company McKesson Corporation will pay $64M in restitution to New York for over-billing the state’s Medicaid program as part of a $151M multi-state settlement. The settlement resolves charges that McKesson violated the New York State False Claims Act and the Federal False Claims Act, after the corporation reported inflated pricing information for over 1,400 brand name prescription medications, causing the state’s Medicaid program to overpay for those drugs.
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