Omnicare Busted for Improperly Doling Out Drugs to Nursing Homes, Owes $50 Million

Pharmaceutical company Omnicare, Inc. (NYSE:OCR), the nation’s largest pharmacy for long-term care facilities, must pay the U.S. government $50 million in a settlement over complaints it dispensed painkillers to nursing homes and other senior care facilities across the country without proper prescriptions or authorization. The Covington, Ky.-based company’s settlement with the Department of Justice is […]