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PUTT
5 min read
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 read
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...
48 views0 comments
PUTT
8 min read
CVS Health Changes Corporate Name to SVC Wealth
The Pharmacist Activist CVS announced today that it is changing its official corporate name to SVC Wealth. Spokesman Mickey D. Angelo...
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PUTT
1 min read
Lina Khan Discusses Healthcare & Antitrust
The Daily Show with Jon Stewart Federal Trade Commission Chair Lina Khan joins Jon Stewart to discuss her work with the “small but...
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PUTT
3 min read
The federal government will soon announce its payment rates and policy changes for the Medicare Advantage program. Here's how you can influence their decision.
In the coming days, the federal government will announce whether big health insurers that run the private Medicare Advantage program will...
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PUTT
5 min read
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 read
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 read
Should the DOJ Break Up UnitedHealth Group?
The U.S. Department of Justice has reportedly recently launched an antitrust investigation of UnitedHealth Group, which begs the question...
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PUTT
6 min read
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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PUTT
3 min read
New reports detail UnitedHealth's latest acquisitions under shady pretenses
HEALTH CARE un-covered by Wendell Potter Two newly published investigative reports, by the intrepid reporters at STAT News and The...
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PUTT
3 min read
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 read
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...
55 views1 comment
PUTT
5 min read
'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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PUTT
12 min read
Upended: Can PBM Transparency Succeed?
Simmering tensions in the pharmacy benefit management (PBM) industry have turned into fault lines. The PBMs challenging the "big three"...
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PUTT
1 min read
White House Roundtable on Lowering Healthcare Costs and Bringing Transparency to Prescription Drug Middlemen
ICYMI: Watch It Now
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PUTT
2 min read
First Look: PBM probe update
Axios Vitals Pharmacy benefit managers aren't fully complying with a federal probe into their business practices more than a year and a...
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PUTT
2 min read
Scoop: Congress eyes narrow health package
Axios Pro Only a handful of health care provisions that mostly extend existing programs are likely to catch a ride on the next government...
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PUTT
5 min read
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...
40 views0 comments
PUTT
2 min read
Coalition of AGs wants congressional action to reform pharmacy benefit managers
Augusta Free Press A bipartisan coalition of 39 attorneys general is encouraging Congress to take decisive action to reform the way...
45 views3 comments
PUTT
6 min read
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...
29 views1 comment
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