Why Oak Street Health Stock Is Plunging Today
The bigger issue in Oak Street Health's Q3 update was that the company revealed that the U.S. Department of Justice (DOJ) is investigating whether it may have violated the False Claims Act. The DOJ has requested documents and information related to Oak Street providing free transportation to federal healthcare beneficiaries and related to its relationships with third-party marketing agents. It's too early to know what will happen with the DOJ investigation.