Tag Archives: OptumRx

Genoa Healthcare, a new OptumRx, Continues its Growth

Genoa Healthcare is the largest provider of pharmacy, outpatient telepsychiatry and medication management services

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 […]

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 […]