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Pharmacy benefit managers profit at expense of patients and small pharmacies, FTC says
CNN via Yahoo Canada News· 2 hours agoPharmacy benefit managers, which negotiate the terms for prescription drug access for hundreds of...
CVS, UNH, and Cigna Unbowed by Critical FTC Report on Pharmacy Benefit Managers
Barrons.com· 6 hours agoThe federal government’s campaign against the pharmacy benefit management industry has escalated...
FTC report adds to scrutiny of drug middlemen
Axios· 6 hours agoWhy it matters: The findings underscore the degree to which vertical integration and concentration among pharmacy benefit managers allow the companies to...
FTC Chair Khan slams PBMs for higher drug prices in an interim report on the industry
Yahoo Finance· 7 hours agoThe FTC released a much-anticipated interim report without taking any action. It comes as the Biden...
FTC report slams pharmacy ‘middlemen’ for seemingly driving up prices, limiting access
The Hill via Yahoo Canada News· 8 hours agoPharmacy benefit managers (PBMs) wield enormous power on the accessibility and affordability of...
Chip stocks, megacaps steer S&P 500, Nasdaq to record highs
StreetInsider· 11 hours agoAI-chip favorite Nvidia jumped 4%, while Applied Materials and Micron Technology gained 2% and 3%, respectively, steering the Philadelphia SE Semiconductor index to a record high. The S&P 500 ...
Middlemen have outsized influence on US drug prices, FTC says
Reuters via Yahoo Canada News· 12 hours agoWASHINGTON (Reuters) -The consolidation of pharmacies and health insurance companies through years...
FTC Blames Pharmacy Benefit Managers for Inflating Drug Costs
Bloomberg Law· 12 hours agoThe interim report details preliminary findings from the Federal Trade Commission’s study into the six largest pharmacy benefit managers, which the agency launched in June ...
F.T.C. Slams Middlemen for High Drug Prices, Reversing Hands-Off Approach
New York Times· 12 hours agoThe Federal Trade Commission on Tuesday sharply criticized pharmacy benefit managers, saying in a...
CVS Health (CVS) Falls 24% in 3 Months: Should You Buy the Dip?
Zacks via Yahoo Finance Canada· 1 day agoWhile CVS Health (CVS) has been grappling with the pharmacy reimbursement pressure, a turnaround...