Diplomat found that competing successfully with large specialty pharmacies owned by Cigna/ESI, CVS Health/Caremark and UnitedHealth/OptumRx has been more difficult than projected
Genoa Healthcare is the largest provider of pharmacy, outpatient telepsychiatry and medication management services
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 […]
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 […]