House Passes Health Funding Package, Including PBM Reform
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Pharmacy Benefit Managers (PBMs)
House Passes Health Funding Package, Including PBM Reform
The House passed a key appropriations package that would fund the Department of Health and Human Services through Sept. 30, including a step toward reforms for pharmacy benefit managers. The package passed by a 341-88 vote, and it includes elements that would prevent PBMs from tying compensation in Part D to the list price of
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What to Know About Pharmacy Benefit Managers (PBMs) and Federal Efforts at Regulation
One player in the system of pharmaceutical pricing in the U.S. that has come under increasing scrutiny in recent years is the pharmacy benefit manager, or PBM. These so-called ‘middlemen’ are used by health insurance companies to manage their pharmacy benefits. PBMs have been the focus of attention from policymakers for several reasons. This brief
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California Governor Signs Bill That Cracks Down on PBMs
California Gov. Gavin Newsom signed into law legislation aimed at “reining in” pharmacy benefit managers, becoming the latest state to implement regulations on the industry. The bill would require all PBMs in the state to be licensed by its Department of Insurance and prohibits multiple business practices that have drawn the ire of PBM critics,
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California Governor Signs Bill That Cracks Down on PBMs
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ELMC Rx Solutions Inc. Acquires Caribou Systems Inc., Backed by Frontline Healthcare Partners
ELMC Rx Solutions Inc., a leading innovator and consolidator of PBM point solutions specializing in pharmacy benefit strategies that target clinical rigor and fiduciary defensibility, announces its acquisition of Caribou Systems Inc., a technology-driven pharmacy analytics firm recognized for its full spectrum of PBM audit capabilities including manufacturer rebates. The transaction was supported by strategic
LucyRx Completes Acquisition of CerpassRx, Strengthening Clinical Excellence and Expanding Access to Innovative Prescription Care
LucyRx, a fast-scaling, next-generation pharmacy benefits manager (PBM) known for simplifying and improving access to prescription care, announces the completion of its acquisition of CerpassRx. The close marks another step in expanding LucyRx’s proven model of client-first, clinically forward prescription care. With the addition of CerpassRx, LucyRx now serves more than 1.5 million members and
LucyRx Completes Acquisition of CerpassRx, Strengthening Clinical Excellence and Expanding Access to Innovative Prescription Care
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