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As a result of the Florence closure, 77 positions are being eliminated across Indiana, Kentucky, Ohio and West Virginia beginning on Oct. 11. All affected team members have been notified, according to ...

Chief Judge Mitchell Goldberg tripled to $285 million the damages he had ordered CVS Caremark to pay in June, citing the federal False Claims Act.

Omnicare Inc., the nation's biggest dispenser of prescription drugs in nursing homes, said Wednesday it will pay $120 million to settle a whistle-blower lawsuit accusing the Cincinnati-based ...

Omnicare, the nation’s largest provider of pharmaceuticals and pharmacy services to nursing homes, proposed a $120 million settlement last October without admitting liability.

CVS Health Corp. and Omnicare fraudulently billed Medicare and other federal programs for filling expired prescriptions for the nation’s elderly and disabled, according to authorities. A lawsuit ...

Omnicare serves residents in long-term care facilities, chronic care and other settings comprising approximately 1.4 million beds in 47 states, the District of Columbia and Canada.

Omnicare Inc. ( OCR ) delivered a 5.1% earnings surprise in the second quarter and issued a favorable guidance for 2012. This marks the sixth straight quarter with a positive earnings surprise for ...

Omnicare ranked 415th on the most recent Fortune 500 ranking, with $6.3 billion in revenues. The company is led by president and CEO Nitin Sahney, who in March 2014 became Omnicare's fourth CEO in ...

Omnicare recently announced the launch of a new application for controlled substances. Prescribers — including physicians, nurse practitioners and physician assistants — can electronically ...