By cutting out middlemen and dealing directly with pharmacies, Ohio’s Medicaid system saved money even as it dramatically ...

An audit by the New York State Comptroller’s Office has revealed that CVS Caremark failed to collect and remit more than $1.1 ...

Earlier this month, Caremark Incorporated – a drug benefit management company operated by drug retail giant CVS Caremark Corporation –agreed to pay $4.25 million to settle allegations that it ...

John Kell wrote about general corporate news and major market movers.

The law in particular will affect CVS and UnitedHealth, both of which operate physical pharmacies in the state along with ...

Gov. Sarah Huckabee Sanders signed a law banning Pharmacy Benefit Managers from owning both a pharmacy and a pharmacy license ...

Hundreds of lawsuits allege that insulin manufacturers and pharmacy benefit managers colluded to raise prices. The ...

PBMs are corporations that negotiate drug prices between pharmacies and insurance companies. Currently, the three largest ...