LITTLE ROCK — Drug wholesaler McKesson Corp. has agreed to pay Arkansas’ Medicaid program $1 million to settle part of a lawsuit alleging that the company reported inflated pricing, Attorney General Dustin McDaniel said Friday.
Thirty states and the federal government sued McKesson in U.S. District Court in New Jersey, alleging that it reported inflated average wholesale pricing data to First Data Bank, a drug-pricing publisher, thereby inflating the amounts
of reimbursement McKesson received from state and federal Medicaid programs.
With federal matching funds, the settlement will add $4.3 million to Arkansas’ Medicaid program, McDaniel said.
The federal government reached a settlement with McKesson in April for $187 million.
A call to San Francisco-based McKesson seeking comment was not immediately returned Friday.