The healthcare juggernaut’s results came in unusually below Wall Street’s expectations and caused its stock to plummet Thursday. The development bodes ill for the rest of the managed care sector, analysts said.| Healthcare Dive
Osterhaus Pharmacy in Iowa — which is also suing CVS Caremark — is taking issue with pharmacy benefit managers’ use of performance-based fees that it says are contributing to independent pharmacy closures.| Healthcare Dive
The bipartisan agreement will fund the government through March. It could also reshape the pharmacy supply chain by reforming how controversial drug middlemen do business.| Healthcare Dive
The PBM Act would make companies like CVS and UnitedHealth that own health insurers or PBMs sell pharmacy assets. That would help independent pharmacies, but may not help patients, according to one expert.| Healthcare Dive
Agency commissioners voted unanimously on Tuesday to publish the report, which makes similar allegations against the controversial drug middlemen as the agency’s first report released last summer — but relies on more data.| Healthcare Dive
Get the details about state laws passed to lower prescription drug costs from 2017 to the present in all 50 states.| NASHP
LITTLE ROCK, Ark. – Governor Sarah Huckabee Sanders today signed HB1150, legislation banning Pharmacy Benefit Managers (PBMs) from engaging in anti-competitive practices by simultaneously owning pharmacies. “For far too long, drug middlemen called PBMs have taken advantage of lax regulations to abuse customers, inflate drug prices, and cut off access to critical medications. Not anymore,” said Governor Sanders. “These massive corporations […]| governor.arkansas.gov
The report is not positive for the drug middlemen, which immediately criticized it as one-sided.| Healthcare Dive