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Pharmacy benefit managers inflated drug prices by $7.3B

Healthcare Dive · 1d

FTC releases second report slamming pharmacy benefit managers

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.

USA Today · 20h

FTC report shows $7.3 billion in drug price inflation by leading pharmacy benefit managers

From 2017 to 2022, the companies marked up prices at their pharmacies by hundreds or thousands of percent, netting them $7.3 billion in revenue.

The Financial Times · 1d

FTC says pharmacy benefits managers marked-up generic drug prices for $7.3bn gain

Regulator’s report finds companies ‘hiked costs’ for a range of medicines, including cancer and HIV treatments

Healthcare Dive7d

CVS successfully converts commercial pharmacy contracts to “cost plus” model

CVS’ efforts to reform how its pharmacies are paid have reached a significant milestone that should stabilize flagging ...

Drug Store News9d

CVS Pharmacy achieves CVS CostVantage milestone

All commercial prescriptions dispensed at CVS Pharmacy will be reimbursed through CVS CostVantage starting this year.

8d

Zydus announces agreement with CVS Caremark

Zydus Lifesciences announced that it has entered into an agreement with CVS Caremark, a CVS Health (CVS) company, to add Zituvio, Zituvimet and ...

1mon

Insurer stocks fall after Trump says 'we're going to knock out the middleman'

Shares of health insurers fell after Trump called them middlemen who drive up costs and said he plans to eliminate their role.

1don MSN

Snyders Pharmacy claims pressure from CVS, PBMs leads to shrinking services

As the director, he represents Snyders Pharmacy’s fourth generation. The 95-year-old chain spans the stateline from Oregon to ...

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