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Judge rules in favor of Hopkinton Drug

Region – Hopkinton Drug, Inc., at 52 Main St., released a statement July 23 announcing that Judge William Young of the U.S. District Court entered a preliminary injunction in favor of Hopkinton Drug. The company was suing CVS Caremark to fully reinstate Hopkinton Drug as a provider pharmacy for all health plans for which CVS Caremark serves as pharmacy benefits manager.

On June 23, CVS Caremark had issued a notice of termination of Hopkinton Drug effective July 3.?Hopkinton Drug then sued CVS Caremark, alleging among other things that the termination was made in bad faith.?Judge Young made a preliminary ruling that there was a reasonable likelihood of success that Hopkinton will prevail on its claim of bad faith termination, and that Hopkinton Drug is entitled to be immediately reinstated in the Caremark network.?The judge ordered that Caremark effectuate the reinstatement by July 21.

Accordingly, patients with CVS Caremark may proceed once again to fill their prescriptions at Hopkinton Drug.?For questions or problems related to this issue, contact Jennifer Stevens at Hopkinton Drug at 508-435-4441, ext. 123 or jstevens@rxandhealth.com.

 

Short URL: http://www.communityadvocate.com/?p=52451

Posted by on Jul 31 2014. Filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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