Centene Corp, the nation's largest Medicaid managed care organization, has agreed to pay more than $21.1 million to resolve claims by New Hampshire that it overcharged the state's Medicaid programs for pharmacy benefit management services.
came after similar investigations in other states uncovered problems with Centene, which since July has agreed to pay more than $243 million in deals with five other states.
Centene, represented by James Martin of Dowd Bennett, did not admit wrongdoing and did not respond to requests for comment. The company provides pharmacy benefit manager services through its Envolve Health unit. Pharmacy benefit managers are companies that act as intermediaries between drug sellers, health plans and pharmacies to negotiate prices.
The settlement resolves claims that Centene inaccurately reported the costs of pharmacy benefit services, including the pricing of prescription drugs.