Category Archives: Pharmacy Benefit Managers

Johnson & Johnson (J&J) Lawsuit against SaveOnSP Cleared to Continue

J&J has been cleared to continue a lawsuit filed last year against drug benefit program SaveOnSP

Prescryptive Health Partners with Eli Lilly on Insulin Pricing

Prescryptive Health announced a partnership with Eli Lilly and Company on a subscription model to help lower costs for people who pay for their Lilly insulin through their employer-sponsored benefits

Kroger Contracts with Prime Therapeutics, Replacing Express Scripts

As a result of a dispute with Express Scripts, Kroger and Prime Therapeutics announced a direct agreement for the Kroger Family of Pharmacies to remain in-network

IngenioRx’s 11% Q3 Growth Contributes to Elevance Health Strong Financial Performance

Elevance Health (Elevance) reported third quarter 2022 results reflecting strong financial performance, including double-digit growth in revenue, operating earnings, and adjusted earnings per share

Technology Platform Companies Continue to Impact the PBM Market

Recently, a number of entities have been entering the PBM market with new technology platforms offering solutions to help drive down the high costs of drugs

EmsanaRx and Cleveland Clinic to bring Transparency to Pharmacy Benefits

EmsanaRx, a public benefit corporation, and Cleveland Clinic have announced a first-of-its-kind strategic affiliation to bring transparency to pharmacy benefits

Capital Rx, Building on Continued Success, Closes $106 Million Series C Funding

Capital Rx announced the close of its $106M Series C funding led by B Capital, with participation from General Catalyst and existing investors, Transformation Capital and Edison Partners

PBM Network Reform Acts Moving Forward in Tennessee and Vermont

The trend of states proposing or enacting legislation to increase PBM transparency is increasing – Tennessee and Vermont