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Drug Suppliers Face the Music in Illinois

Stock quotes in this article: MRK , CAH , MCK , ABC , CMX , MHS , ESRX  

Some major health care companies have been questioned by a state prosecutor taking aim at Medicaid fraud.

This month, both Merck (MRK Quote) and Cardinal Health (CAH Quote) revealed that they have fielded subpoenas from Illinois Attorney General Lisa Madigan. Merck said the prosecutor asked for information "related to repackaging of prescription drugs."

Then Cardinal issued a similar announcement, saying Illinois had begun "examining whether the company presented or caused to be presented false claims for payments to the Illinois Medicaid program related to repackaged pharmaceuticals." ...

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