Pharmacy Benefit Managers (PBMs)

Abarca Health and LucyRx Close Merger

Abarca Health and LucyRx officially closed their strategic combination, forming Healthcare Revolution Partners and bringing together the scale, technology, and track record to serve clients across commercial and government markets. Read the full article: Abarca Health and LucyRx Close Merger // Source: https://www.linkedin.com/posts/healthcarerevolution-acceleratetherevolution-ugcPost-7496235229280575490-ICc8/

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Pharmacy Utilization Management Expands as Nearly Half of Initially Rejected Prescriptions Go Unfilled

Pharmacy utilization management (UM) is no longer a targeted intervention applied to exceptional therapies but rather is increasingly utilized for most branded medications, first through formulary exclusion, followed by prior authorization. In a health economy where pharmacy spending is disproportionately driven by high-cost therapies with list prices frequently exceeding $1,000 per month, payers and employers

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Florida Launches Probe into CVS for Alleged Anticompetitive Pharmacy Practices

Florida is launching an investigation into CVS Health and its pharmacy benefit manager Caremark, in the latest state crackdown on drug middlemen for allegedly driving up the cost of medications. The probe will examine claims of anticompetitive conduct, including whether the healthcare giant steers patients toward its own pharmacies at the expense of independent operators,

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Abarca Health and LucyRx Announce Strategic Combination to Create the Only Modern PBM Built for Commercial and Government Scale

Abarca Health and LucyRx announced a strategic combination to create the only modern, independent pharmacy benefit manager with the scale, technology, and track record to credibly serve commercial and government clients of any size. Combined, Abarca and LucyRx will provide prescription services to more than 9 million members across the United States. Both brands will

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