The Iowa Department of Health and Human Services is suing NuCara Pharmacy in Pleasant Hill and its parent company, Nudak Ventures, for nearly $22 million related to a federal program for HIV medications. HHS bought the drugs at discounted prices while NuCara billed insurers at the standard rate. NuCara was allowed to keep a $75 processing fee, but the rest of the money was supposed to go back to HHS. In court documents, the state claims NuCara failed to repay about $22 million and may not have the funds to cover it. The suit also alleges NuCara is being sold and the buyer does not plan to take on that debt. KCCI reached out to NuCara for comment but has not yet heard back.» Subscribe to KCCI’s YouTube page» Download the free KCCI app to get updates on the go: Apple | Google Play
The Iowa Department of Health and Human Services is suing NuCara Pharmacy in Pleasant Hill and its parent company, Nudak Ventures, for nearly $22 million related to a federal program for HIV medications.
HHS bought the drugs at discounted prices while NuCara billed insurers at the standard rate. NuCara was allowed to keep a $75 processing fee, but the rest of the money was supposed to go back to HHS.
In court documents, the state claims NuCara failed to repay about $22 million and may not have the funds to cover it. The suit also alleges NuCara is being sold and the buyer does not plan to take on that debt.
KCCI reached out to NuCara for comment but has not yet heard back.
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» Download the free KCCI app to get updates on the go: Apple | Google Play
