The Rio-based network of independent pharmacies blames drug industry intermediaries known as pharmacy benefit managers.

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On Thursday, Cigna Corporation (NYSE:CI) reported third-quarter sales of $63.7 billion, up 30% year-over-year, beating the ...

Joyner’s comments were his first made publicly since he was promoted less than a month ago to replace Karen S. Lynch, who stepped down. CVS Health has struggled to control costs in its Aetna health ...

Cigna (NYSE: CI) beat Wall Street estimates for third-quarter profit on Thursday, as its unit that runs the pharmacy benefit ...

CerpassRx, an independent pharmacy benefit manager, is teaming up with Waltz Health to launch a new AI-powered tool that aims ...

Pharmacy Benefit Managers are the middlemen who manage virtually all prescriptions written in the U.S. Serving as brokers among drugmakers, pharmacies, and health insurers, these health care entities ...

Therefore, entities like insurance companies and TPAs often outsource the management of pharmacy benefits to one of the major PBMs. [27] TPAs are independent benefit contractors that work with ...

Evernorth Health Services sales increased 36% to $52.64 billion. Pharmacy Benefit Services sales increased 50% to $28.79 billion. The total number of medical customers fell 2.9% to 19.05 million.

CVS Health on Wednesday named Steve Nelson, a former UnitedHealth insurance head, to run its Aetna business, where rising ...