Please let us know if you have feedbackDive Brief:CVS pharmacy services subsidiary Omnicare has filed for Chapter 11 bankruptcy after being hit with a $949 million federal judgment over improper billing of government healthcare programs. $949 million federal judgment over improper billing of government healthcare programs. Omnicare has brokered an agreement to receive $110 million in debtor-in-possession financing, a type of loan which it expects will allow it to continue operating through the bankruptcy process, the company said. The bankruptcy will help Omnicare reorganize its finances, which could include a potential sale, the company said in press release Monday. Omnicare intends to continue providing services to its customers and said that the bankruptcy should not affect regular operations, including wages to employees.