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“Amazon Pharmacy’s new caregiver feature provides a secure, streamlined way for trusted individuals to help manage prescriptions and place orders 24/7, when and where convenient for them—all ...
Just as ERISA mandates prudent management of 401 (k) plans, employers are now expected to apply the same diligence to health care and pharmacy benefits.
The pharmacy benefits management (PBM) industry is at a turning point. While 70% of the market still relies on decades-old systems from the big three PBMs, modern technology is quickly ...
Transparent pharmacy benefit management startup Capital Rx hit $3.5 billion in revenue last year. The startup is surging as Congress seeks to rein in PBM giants that profit from high drug costs.
ClearPoint Health and Rightway introduce ClearRx, a pharmacy benefits management (PBM) solution exclusively available through the ClearPoint Health m ...
Drug Middlemen Spared by Trump and Musk, for Now Pharmacy-benefit managers are facing intense pressure in Washington By David Wainer Share Resize ...
A bipartisan group of lawmakers said Wednesday that they seek to lower drug costs by prohibiting joint ownership of pharmacy-benefit managers (PBM) and pharmacies. “PBMs have manipulated the ...
In 2023, about 80% of all prescription drug claims in the U.S. were processed by only three companies. VC-backed Rightway CEO and cofounder Jordan Feldman says there’s an opportunity for disruption.
Encourage pharmacy models that deliver rebate value directly to patients. Today, 99% of rebates we negotiate are passed through to clients, which they use to pay down the cost of benefits.
The majority of pharmacy benefit management market share has been occupied by only a few major players, including CVS Health at 33% as of 2023 and Cigna (24%), UnitedHealth Group’s OptumRx (21% ...
Governor Kevin Stitt vetoed a bill on Monday that would summarize the terms “covered entity” and “pharmacy benefits management”.
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