House Republicans Launch Investigation into CVS Caremark for Potential Antitrust Violations

House Republicans want to know whether pharmacy benefit manager (PBM) CVS Caremark violated federal antitrust laws by threatening independent pharmacies to keep them from using money-saving tools outside the PBM’s network. In a letter to CVS obtained by The Hill, House Judiciary Committee Chair Jim Jordan (R-Ohio) asked the company for documents and communications about pharmaceutical hubs, a type of digital pharmacy service that can streamline the process of accessing and managing complex, high-cost specialty medications for patients.

Read the full article: House Republicans Launch Investigation into CVS Caremark for Potential Antitrust Violations //

Source: https://thehill.com/policy/healthcare/5037786-house-republicans-launch-investigation-into-cvs-caremark-for-potential-antitrust-violations/

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