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Pharmacy benefit managers inflated drug prices by $7.3B
US FTC finds major pharmacy benefit managers inflated drug prices for $7.3 billion gain
The nation's three largest pharmacy benefit managers have significantly marked up the prices of certain medicines, including for heart disease, cancer and HIV, at their affiliated pharmacies, the U.S.
Pharmacy Benefit Managers Not Thrilled With FTC Report Finding Pharmacy Benefit Managers Raise Drug Prices
The pressure against pharmacy benefit managers (PBMs) continues to build. On Tuesday, the Federal Trade Commission released its second interim staff report on prescription drug middlemen. The report examines the impact of PBMs (specifically CVS Caremark,
FTC report shows $7.3 billion in drug price inflation by leading pharmacy benefit managers
From 2017 to 2022, the companies marked up prices at their pharmacies by hundreds or thousands of percent, netting them $7.3 billion in revenue.
FTC: ‘Big 3’ Pharmacy Benefit Managers Engaged in Price Gouging
FTC: ‘Big 3’ Pharmacy Benefit Managers Engaged in Price Gouging, PBMs, UnitedHealth OptumRx, CVS Caremark Rx, Express Scripts
Pharmacy benefit managers marked up drug prices by $7.3B, new reports finds
A new FTC report blames Pharmacy Benefit Managers for marking up specialty drug prices, profiting $7.3 billion from cancer and HIV treatments between 2017-2022.
Daily Independent
2h
KCU, MU partners on pharmacy education
GRAYSON Kentucky Christian University (KCU) and Marshall University announces a partnership designed to expand educational ...
McKnight's Long-Term Care News
21h
Coalition: Medicare drug price reform puts long-term care pharmacy services at risk
A new wave of Medicare drug price negotiations could severely affect pharmacy services for seniors in long-term care facilities, according to the Senior Care Pharmacy Coalition (SCPC). The Biden ...
Legit on MSN
1d
See how NAFDAC uncovers popular pharmacy selling expired drugs in Abuja
NAFDAC seals Abuja pharmacy selling expired drugs worth ₦7M. Harmful test kits confiscated; arrests made. Public urged to ...
2d
Head of pharmacy burglary ring receives more than 17 years in federal prison
Keith Brown, 35, of Humble, Texas was handed down a sentence of 209 months (or more than 17 years) for his role in a criminal ...
2d
New strategies from Aetna deliver better medical and pharmacy cost control for Tampa businesses
As pharmaceutical breakthroughs offer new treatment options, people are paying more attention to the coverage their employers ...
1d
on MSN
Arkansas lawmakers introduce new bill aimed at removing PBM's pharmacy license
Pharmacy advocate groups are teaming up with lawmakers to get new legislation passed to stop monopolistic behaviors from ...
3d
Pickup truck smashes into Northeast DC pharmacy entrance in failed ATM theft: MPD
A Northeast D.C. convenience store was damaged Wednesday morning after two people used a pickup truck to ram into the front ...
The i on MSN
2d
Pharmacy blackspots revealed after more than 200 close
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
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