MCOS- Centene to pay Oregon $17M in latest Medicaid overbilling settlement

MM Curator summary

The article below has been highlighted and summarized by our research team. It is provided here for member convenience as part of our Curator service.

 
 

[MM Curator Summary]: Rinse, repeat.

 
 

Clipped from: https://www.beckerspayer.com/payer/centene-to-pay-oregon-17m-in-latest-medicaid-overbilling-settlement.html

Centene will pay Oregon $17 million to settle allegations the payer overcharged the state’s Medicaid program for pharmaceutical services, the Oregon Justice Department said Dec. 6. 

The payer has settled with several other states over similar allegations, including Arkansas, Illinois, Kansas, Massachusetts, Mississippi, New Hampshire, New Mexico, Ohio, Texas and Washington. 

According to Kaiser Health News, Centene has paid settlements to other states not disclosed. 

According to a 2021 Securities and Exchange Commission report, Centene created a $1.25 billion reserve to pay for these settlements.