Presbyterian plays the South Carolina Upstate Spartans after Kory Mincy scored 24 points in Presbyterian's 84-72 loss to the High Point Panthers. The teams meet Wednesday for the second time ...
Although the entire transmission process for a prescription claim from the time a pharmacist transmits it to the time the pharmacy receives payment authorization from the PBM on behalf of the ...
The study—authorized by the three Democratic and two Republican commissioners—involved pharmacy benefit management firms Express Scripts, OptumRx and Caremark. In a 45-page administrative ...
The Federal Trade Commission (“FTC”) released its second interim report on Jan. 14, 2025, accusing pharmacy benefit managers (PBMs) of marking up the prices of specialty generic drugs.
The price concessions from the pharmacy come from lower contracted rates that pharmacies must accept in order to participate in the PBM’s pharmacy network. Depending on the way an employer ...
The FTC plans to continue its investigation into the PBM industry, with further reports expected. The underlying problem is that insurance companies and PBM’s all are paid on a percentage of the total ...
The Federal Trade Commission (FTC) on Tuesday released its second interim report on pharmacy benefit managers (PBM), saying the major industry middlemen generate billions in revenue through ...
The special tapes January 14 and 15, and according to The Hollywood Reporter, “proceeds from the all-star performance of ‘With A Little Help From My Friends’ will benefit the American Red ...
An FTC official told reporters the $7.3 billion figure could be an underestimation. PBM-affiliated pharmacy dispensing revenue increased at an annual growth rate of 42% from 2017 to 2021 ...
But beneath the surface of this public scrutiny lies the biggest threat to the traditional PBM structure, one that signals a quiet shift in the market: changing demands from employers, unions ...
The report notes that large employers' perceptions about PBM performance have not changed much over the past 5 years. Employers continue to be more satisfied with core PBM services and ...