CVS Health owns Caremark and Cordavis, and its PBM's formulary contains a Cordavis-branded biosimilar. "Confusing? Absolutely. Profitable for the PBMs? Certainly. Good for plan sponsors and patients?

As PBM services have traditionally been dominated by large companies such as CVS Caremark, Express Scripts and OptumRx, health systems are starting to create alternatives. Here are four more ...

Oklahoma Attorney Gentner Drummond filed his first lawsuit under the state’s new pharmacy benefit management statutes on Thursday when he announced he is suing CVS Caremark for “multiple ...

“The central question here is whether the PBM industry should continue to be able to take income from both the manufacturer and the buyer.” The complexity of the business and the lack of ...

The final text saw a number of legislative proposals culled in order to get it over the line, including measures that would have introduced stricter controls over the PBM sector that had been ...

A bundle of healthcare legislation that would introduce greater oversight of the pharmacy benefit manager (PBM) sector is reported to be close to an agreement by US lawmakers. The package ...

OKLAHOMA (KTUL) — Oklahoma Attorney General Gentner Drummond filed a lawsuit against CVS Caremark, alleging multiple pharmacy benefit management (PBM) violations. The lawsuit, filed in the state ...

A bipartisan proposal to centralize Virginia’s Medicaid pharmacy benefits under a single state-contracted pharmacy benefits manager (PBM) is gaining momentum. On Thursday, a Senate bill spearheaded by ...

A bill that aims to increase pharmacy benefit managers’ transparency by requiring them to report data to the agency that oversees pharmacy practice in Mississippi has passed the House of ...

(Photo by Meghan McIntyre/Virginia Mercury) A bipartisan proposal to centralize Virginia’s Medicaid pharmacy benefits under a single state-contracted pharmacy benefits manager (PBM) is gaining ...

The Department for Works and Pensions (DWP) has announced its “biggest fraud crackdown in a generation” including plans to take money straight from bank accounts. The new Public Authorities ...