Covera Health Contracts with Walmart for Employee Care

Covera Health partners with doctors to better define, measure, and deliver quality care. The company leverages advanced data analytics to build programs for employers, health plans, and other healthcare entities that reduce misdiagnoses, improve patient outcomes, and reduce medical costs. Covera Health’s first solution, its innovative Radiology Centers of Excellence Program, operates in all 50 […]

OptumRx Selected by HealthTrust as Exclusive Pharmacy Services Provider

HealthTrust recently selected OptumRx as its exclusive pharmacy care services partner for its member organizations. OptumRx and HealthTrust, through its CoreTrust division, will partner to deliver transparent pharmacy benefit solutions intended to support better health outcomes, improved consumer experiences and lower costs. OptumRx will provide custom programs, tools and mobile technology that will improve how […]

Premier Exits Specialty Pharmacy Business Due to Market Dynamics

Premier Inc. recently announced it was exiting its specialty pharmacy business. Certain of Premier’s consolidated subsidiaries entered into a definitive asset purchase and sale agreement with ProCare Pharmacy LLC, a subsidiary of CVS Health, under which Premier will sell certain assets related to its specialty pharmacy business for $22.5 million, plus up to an additional $20.0 million for […]

The Ensign Group, Inc. (Ensign), the parent company of the Ensign™ group of skilled nursing, rehabilitative care services, home health care, hospice care and senior living companies, recently announced a plan to separate its home health and hospice agencies and substantially all of its senior living businesses into a separate publicly-traded company. Upon consummation of […]

Trusts, Busting (Telehealth and Rx Blooming?)

Last week, the Social Security and Medicare boards of trustees released their annual financial forecasts, and media reports predictably led with their scariest interpretation of those forecasts: “Hospital fund set to run out by 2026” read one typical headline. The trustees have a long-established track record of, well, let’s call it “conservative” forecasting, and nothing […]

PANTHERx Implementing a Successful Strategy

PANTHERx Specialty Pharmacy, The Rare Disease Specialty Pharmacy®, unveiled a new, sophisticated and modern brand identity recently while simultaneously announcing a new, state-of-the-art third location. PANTHERx’s third location, near the Pittsburgh International Airport, will add nearly 50,000 square feet of state-of-the-art operational capacity to PANTHERx’s operations. The third site will join current facilities in Pittsburgh and Canfield, Ohio. This new […]

Anthem Accelerating IngenioRx Roll-Out

Anthem, Inc. established a new pharmacy benefits manager called IngenioRx in October 2017 and entered into a five-year agreement with CVS Health’s Caremark subsidiary to begin offering PBM solutions. In January 2019, Anthem terminated the Express Scripts PBM Agreement earlier than the original expiration date of December 31, 2019 due to the recent acquisition of […]

US Bioservices Expands Rare Disease Distribution

Founded in 1994, US Bioservices began as a regional pharmacy focused on infused therapies. Building on a foundation of patient-centered care, it now provides national in-home nursing services and clinical support for thousands of patients with chronic and complex illnesses. US Bioservices was acquired by AmerisourceBergen in 2003. US Bioservices works in collaboration with other […]