Tag Archives: Express Scripts

Accredo Health Expands Specialty Pharmacy Services to Hawaii

Accredo Health Group (Accredo), an Express Scripts Company  is a specialty pharmacy that serves patients with complex and chronic health conditions, including cancer, hepatitis C, HIV, bleeding disorders and multiple sclerosis. Accredo is focused on dispensing injectable, infused, oral or inhaled drugs that require a higher level of clinical service and support than traditional pharmacies […]

Amazon Alexa Capable of Transmitting HIPAA Information

Amazon Alexa announced that it now is capable of transmitting and receiving protected health information. Its new HIPAA-compliant status means that operators and residents alike may find more reasons to use the device. The company has been working with six organizations to develop “skills” to manage a variety of healthcare needs at home simply using […]

UnitedHealth Group Building Pharmacy Business Through OptumRx

OptumRx acquired two pharmaceutical companies in the third quarter of 2018: Genoa Healthcare and Avella Specialty Pharmacy. Listen closely and you can hear Amazon’s footprints as the reason for these acquisitions. Amazon’s recent acquisition of PillPack has accelerated merger and consolidation activities among insurers and pharmacies. UnitedHealth Group is following the strategy seen earlier this year […]

Express Scripts Divesting United Biosource

Express Scripts Divesting United Biosource. Express Scripts and Avista Capital Partners, a leading private equity firm, recently announced that Avista has signed a definitive agreement to acquire United BioSource (UBC), a wholly-owned subsidiary of Express Scripts Holding Company. Founded in 2003 and headquartered in Blue Bell, Pennsylvania, UBC is a leading provider of pharmaceutical and patient […]

PBM P&T Practices The HEAT Initiative Is Gaining Momentum

Care outside the hospital, like P&T committee responsibilities outside the hospital, is necessarily different. New processes and solutions, such as cloud computing, can help improve performance and transparency of benefit management for purchasers or users of health care services. The current role of PBMs includes concurrent improvement in health outcomes, so the take-home message is […]

Pharmacy Benefit Manager Market Continues to Evolve

Pharmacy Benefit Manager Market Continues to Evolve. Recent consolidation in the pharmacy benefit manager (PBM) industry has resulted in major market share divided by the three market leaders: Express Scripts, CVS Health (Caremark), and OptumRx (UnitedHealth Group). PBMs remain searching for a value proposition beyond drug distribution with their employer clients. As long as PBMs […]

Department of Defense Drug Cost-Savings Programs

Military Healthcare

Department of Defense Drug Cost-Savings Programs. The Department of Defense pharmacy program is on to track to slice $1.3 billion off projected drug costs from 2014 to 2019, thanks to higher beneficiary co-pays, tighter point-of-service rules and recent streamlining of prescription drug processes across the military, explained Dr. George E. Jones, chief of pharmacy operations […]

Future of Specialty Pharmacy and More

Future of Specialty Pharmacy – Recent events involving Valeant and Philidor have caused an uproar in the marketplace along with the Turing Pharmaceutical (and generics) mess around pricing. Now the NY Times casts the light on Horizon and Linden illustrating the bad without much good around stakeholder relationships that pharma firms have utilized. Due to the evolution […]