Pharmacy Benefit Managers (PBMs)

Assure Holdings Corp. Announces Business Combination with Danam Health, Inc.

Assure Holdings Corp. (“Assure”) (Nasdaq: IONM) announces that it has entered into a definitive Agreement and Plan of Merger (the “Merger Agreement”) with Danam Health, Inc. (“Danam”) under which Danam will merge with a newly-formed, wholly-owned subsidiary of Assure in a stock-for-stock transaction (the “Merger”) in which Danam will survive as a wholly-owned subsidiary of […]

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Rite Aid Completes Sale of Elixir Solutions to MedImpact

Rite Aid Corporation (OTC: RADCQ) (“Rite Aid” or the “Company”) today announced it has completed the previously announced sale of its Elixir Solutions business (“Elixir”) to MedImpact Healthcare Systems, Inc. (“MedImpact”) for approximately $576.5 million. “We are pleased to finalize the sale of Elixir, marking another important milestone in our transformation to strengthen our long-term

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How PBM Legislation Would Transform the Industry

The pharmacy benefit manager industry could look a lot different soon if Congress follows through with bipartisan efforts to pass bills governing the sector. PBMs such as CVS Caremark, Express Scripts and OptumRx would face new transparency requirements that would give health insurance companies, employers, customers and regulators new insights into how they negotiate prices

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StateServ Announces Acquisition of Delta Care Rx

StateServ, a leading provider of durable medical equipment (“DME”) benefit management solutions to the post-acute care market in the United States, has completed its acquisition of Delta Care Rx (“Delta Care”), a national pharmaceutical care provider. Delta Care offers integrated pharmacy benefit management, mail order prescription, sterile/non-sterile compounding, and clinical pharmacist consulting to the hospice

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PharmaForce Announces Significant Investment from Aquiline Capital Partners

Pharma Force Group LLC (“PharmaForce” or “the company”), a pharmacy solutions provider to hospitals and health clinics, announces that Aquiline Capital Partners LP (“Aquiline”) has made a majority investment. Aquiline is a private investment firm, investing in financial services and related technologies, with over $10 billion in assets under management as of September 30, 2023.

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