The trend of states proposing or enacting legislation to increase PBM transparency is increasing – Tennessee and Vermont
Centene recently announced that it reached its pharmacy platform migration milestones and is engaged in strategic discussions with potential PBM partners about how to drive additional quality and value in delivering pharmacy benefits to its members.
Sutter Health Plus is changing its PBM to CVS Caremark® from Express Scripts®. CVS Caremark will manage the pharmacy benefits for its approximately 100,000 members
CVS Health operating income decreased 5.8% primarily due to a $431 million goodwill impairment charge associated with the long-term care business in the three months ended September 30, 2021
Aetna recently announced an initiative to launch a designated network to cover new gene therapies for rare diseases. This follows an initiative by CVS Health in 2019 to provide self-insured employers with a stop-loss program with Aetna health plans and cover gene therapies
Independent pharmacies are not alone in fighting to remain in business with the COVID pandemic accelerating industry-wide economic pressures
JPMorgan Chase unveiled its new healthcare company, dubbed Morgan Health, which its top executive told Becker’s Hospital Review can be viewed as a continuation of Haven, an ambitious healthcare venture that recently disbanded.
CVS Health also has been proactively informing members and patients about the benefits of both the Specialty Connect and Specialty Expedite programs to improve care.