States urge Supreme Court to review PBM case
Modern Healthcare A bipartisan group of state attorneys general is urging the U.S. Supreme Court to review a case they allege wrongfully...
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2 min
The U.S. drugstore is caught in a perfect storm, ditched by customers and squeezed by insurance middlemen: ‘Pharmacies are in shambles’
Yahoo Finance Good morning. Fortune senior features writer Maria Aspan here, writing from New York City. I’ve spent the last few months...
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PUTT
4 min
The Inflation Reduction Act’s Medicare Impact: Beware This Faustian Deal
RealClear Health The Biden administration is moving forward with a process that represents a sea change in how Medicare pays for drugs....
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PUTT
4 min
Critics of Pharmacy Benefit Managers to Protest at Express Scripts
“They have the power to create a monopolistic system, which is what they're doing,” says Loretta Boesing Riverfront Times Loretta...
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PUTT
2 min
No profits for prescriptions: Independent pharmacies raise concerns
WCBI CBS News The technicians at Chris’s Pharmacy in Columbus hardly ever stop, from opening until closing. There’s plenty of business....
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4 min
Mark Cuban has a simple question for CVS’s drug middleman: Why don’t you publish your prices?
Ohio Capital Journal Businessman and TV personality Mark Cuban has a seemingly straightforward question for the huge drug middleman owned...
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2 min
Not so fast, PBMs: You aren’t fooling consumers
National Consumers League | Blog Post A recent op-ed, “It’s Time for Facts in the PBM Debate” by the president of one of the nation’s...
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PUTT
5 min
Long-term care pharmacies forced to borrow to buy resident drugs, close as intermediaries tighten grip on sector
McKnights Senior Living Long-term care resident access to prescription drugs is being squeezed as several market and regulatory factors...
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PUTT
9 min
Are below cost reimbursement practices by Pharmacy Benefit Managers creating opportunity for criminals to enter the legitimate supply chain?
The Partnership for Safe Medicines Whether it’s N95 masks, airbags, or helmets, demand for a product that the legitimate market cannot...
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PUTT
5 min
Amid increased federal scrutiny, PBMs pivot strategy to further squeeze independent pharmacies
Yahoo! Finance Pharmacy benefits managers (PBMs) are employing new strategies to squeeze independent pharmacies, even as the industry...
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PUTT
4 min
Mark Cuban: Five Ways that Big PBMs Hurt U.S. Healthcare–And How We Can Fix It
DRUG CHANNELS By Mark Cuban, Co-founder, Mark Cuban Cost Plus Drug Company Why does my company—the Mark Cuban Cost Plus Drugs...
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PUTT
6 min
As Humira biosimilars take over the market, CVS has created a new ploy: the drug ‘rebate credit’
STAT+ News The biggest enticement that large pharmacy benefit managers offer to the employers that hire them is drug rebates — a steady...
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3 min
Big Insurance PBMs Will Shut Down Your Local Pharmacy
DC Journal | Inside Sources In his State of the Union address last week, President Biden doubled down on this commitment to decreasing...
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PUTT
6 min
Cyberattack Paralyzes the Largest U.S. Health Care Payment System
The hacking shut down the nation’s biggest health care payment system, causing financial chaos that affected a broad spectrum ranging...
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5 min
'Hitting a new crisis': Pharmacies feel pressure of low reimbursements; Mainline bowing out
Yahoo News Wondering where he could get prescription diabetic shoes after his neighborhood Davidsville Mainline Pharmacy closes, Jim Carr...
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1 min
White House Roundtable on Lowering Healthcare Costs and Bringing Transparency to Prescription Drug Middlemen
ICYMI: Watch It Now
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5 min
Independent pharmacists fight burnout and industry pressures as Rite Aid and CVS close stores
The Times-Tribune Dennis Czerw, owner of Parkway Pharmacy in Philadelphia, served 175 new customers in January. He was “astounded,” he...
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6 min
The Albatross Around America’s Neck: How health-care opacity neutralizes competition and fuels a corporate race to corner health-care markets
HEALTH CARE un-covered Authors: WENDELL POTTER & BRIAN KLEPPER Consolidating and cornering health-care markets In November, Optum...
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PUTT
2 min
Bill would save Kentucky consumers money, help independent pharmacies survive, says sponsor
Kentucky Lantern Four years after leading the effort to cut corporate middlemen out of the prescription drug business for Kentucky’s...
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PUTT
3 min
2024: A Pivotal Year in Curbing Pharmacy Costs
2024 stands at a critical juncture in the battle against soaring pharmacy costs. MedCity News 2024 stands at a critical juncture in the...
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