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PHARMACY BENEFIT MANAGERS such as CVS Caremark, which is owned by CVS Health Corp, are being accused to wielding enormous power over prescription drug prices. / AP FILE PHOTO/CHRIS CARLSON

Are PBMs forcing out small drugstores, inflating medication prices?

Pharmacy benefit managers say they protect against prescription drug prices from rising exorbitantly high, but these companies – such as one operated by CVS...
DR. RAJ HAZARIKA, chief medical officer for commercial products at Point32Health, third from left, speaks during one of two panel discussions at Providence Business News’ Fall 2023 Health Care Summit on Wednesday. Also on the panel is, from left, Dr. Michael Wagner, CEO and president of Care New England Health System; Dr. Scott Rivkees, professor at Brown University's School of Public Health; and John Fernandez, CEO and president of Lifespan Corp. Moderating at right is PBN Editor Michael Mello. PBN PHOTO/MIKE SKORSKI

PBN summit panelists: AI could improve aspects of R.I.’s health care...

WARWICK – While Rhode Island’s health care industry is bouncing back after an “incredibly difficult” year in 2022, providers still have a long way...
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