The middlemen have been accused of helping drive up U.S. prescription drug prices, but the industry’s top lobbying group ...

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CerpassRx, an independent pharmacy benefit manager, is teaming up with Waltz Health to launch a new AI-powered tool that aims ...

Cigna surpassed Wall Street estimates for third-quarter profit on Thursday, driven by high demand for biosimilars of a ...

CVS Health fell short on third-quarter profit, but it posted strong sales and the health care giant shook up leadership under ...

Therefore, entities like insurance companies and TPAs often outsource the management of pharmacy benefits to one of the major PBMs. [27] TPAs are independent benefit contractors that work with ...

The Rio-based network of independent pharmacies blames drug industry intermediaries known as pharmacy benefit managers.

CerpassRx, a leader in pharmacy benefit management (PBM), today announced the launch of the Intelligent Specialty Engine, an AI-enabled platform powered by Waltz Health to manage specialty drug spend.

CVS Health CEO David Joyner promoted an internal executive, Prem Shah, as company group president and hired from the outside, Steve Nelson, a former UnitedHealthcare CEO.

Capital Rx, the full-service pharmacy benefit manager (PBM) and pharmacy benefit administrator (PBA) advancing our nation's ...

Over the past decade, employers, HMOs, health care insurers, and various government entities have turned to pharmacy benefit management companies (PBMs) to help control their drug budgets.