Tag: Express Scripts
FTC criticizes ‘enormous power’ of pharmacy benefit managers in scathing report
PROVIDENCE – Drug middlemen are hurting small, independent pharmacies while reaping huge profits by inflating drug prices, according to a Federal Trade Commission staff...
Mass. AG reaches $6.1M settlement with CVS on workers’ compensation drug...
BOSTON (AP) – Massachusetts Attorney General Andrea Campbell said Monday that she's reached a $6.1 million settlement with CVS Health Corp. to resolve allegations the...
Partners turned into prey as insurers, drug plans get squeezed
NEW YORK – Over 20 years, Brian Komoto built a thriving pharmacy in California’s Central Valley. Each day, his nurses would travel the vast...
Amazon isn’t only retail giant trying to remake health care
NEW YORK – Amazon.com Inc. says it wants to remake health care for its workers. But its biggest rival is beating it to the...
Cigna to buy Express Scripts as health shakeout speeds up
NEW YORK – Cigna Corp. agreed to buy Express Scripts Holding Co. in an about $54 billion deal that builds on the rapid transformation...
`Rigged’ system blocks use of lower-cost drugs, FDA chief says
WASHINGTON – A “rigged payment scheme” between drug plans, insurers and pharmaceutical companies has blocked access to less-expensive versions of some of the most costly drugs...
Health stocks, including CVS, slump as Amazon-led group unveils efficiency plans
WILMINGTON, Del. – Health care stocks plunged after three companies led by Internet giant Amazon.com Inc. said they plan to collaborate on developing ways...
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