Lehigh Valley Health Network filed a complaint in the U.S. District Court for the Eastern District of Pennsylvania against a New York corporation registered to do business in Pennsylvania. The suit ...

The PBM is pivoting to a cost-based reimbursement model, which it says will reduce variation in how pharmacies are paid.

The PBM also announced that it will make the pharmacy experience simpler for consumers with chronic conditions by eliminating ...

Dozens of independent pharmacies have shuttered in Alabama over the last two years, according to the Alabama Independent Pharmacy Alliance. Pharmacists said that is because of financial pressures, in ...

Thursday, the Alabama Senate approved pharmacy benefit manager reform and a new reimbursement standard for independent ...

Just two blocks away from the Alabama Statehouse, a solemn black wreath hangs on the door of Adams Drugs. This symbolic gesture aims to raise awareness about the increasing number of local pharmacies ...

Optum Rx is shifting its payment models to better meet the needs of pharmacies and consumers, the pharmacy benefit manager ...

Nothing in the court's ruling reduces or eliminates the fiduciary obligations that health plan sponsors must uphold under ...

A pharmacy benefit manager negotiates prices with wholesalers, sets reimbursement rates on drugs and compiles the lists of which medicines an insurer will cover. But critics describe the industry as ...

A bipartisan, end-of-the-year healthcare package including telehealth extensions, PBM reform and a physician fee schedule fix ...

Senate Democrats on Thursday are introducing as standalone legislation a package of health policies, including changes to the pharmacy benefit manager (PBM) industry that was left out of December ...