Smaller pharmacies are accusing GoodRx and CVS of colluding to suppress generic prescription drug reimbursements. As Reuters reported Tuesday (Nov. 5), drug coupon aggregator GoodRx and a pair of pharmacy benefit managers (PBMs) — CVS’s Caremark unit and Express Scripts — have all been named in at least three lawsuits by independent pharmacies. PBMs, the...
CVS has replaced CEO Karen Lynch as it struggles to repair its healthcare business. David Joyner, president of the company’s pharmacy benefit management unit Caremark, has been appointed as the new chief executive, CVS announced Friday (Oct. 18). “The board believes this is the right time to make a change,...
Whether you’re looking for some relief from a stubborn headache or some vitamins to maintain your wellbeing, a good prescription app will get you what you need. In the latest edition of PYMNTS’ Provider Ranking of Prescription Apps, we rank the best apps on the market...
Flu season is in full swing, and it can be hard to navigate life through the fog of exhaustion. Fortunately, technology can help. With PYMNTS’ Provider Rankings of Prescription Apps, you can get your medicine with a little bit more ease. Here’s the list of...
December 16, 2024
What goes up must come down — and after three straight weeks of rallies, the CE 100 wound up snapping a long streak of wins, declining 2.2% in the penultimate “full” week of trading for 2024. All pillars lost ground. MongoDB Slips on 4Q Guidance Mongo DB shares sank 22.4%, leading the Enablers segment of […]
November 05, 2024
Smaller pharmacies are accusing GoodRx and CVS of colluding to suppress generic prescription drug reimbursements. As Reuters reported Tuesday (Nov. 5), drug coupon aggregator GoodRx and a pair of pharmacy benefit managers (PBMs) — CVS’s Caremark unit and Express Scripts — have all been named in at least three lawsuits by independent pharmacies. PBMs, the report notes, negotiate the cost of prescription drugs between insurance […]
October 18, 2024
CVS has replaced CEO Karen Lynch as it struggles to repair its healthcare business. David Joyner, president of the company’s pharmacy benefit management unit Caremark, has been appointed as the new chief executive,...
August 16, 2023
New York’s financial regulator wants to regulate the companies that help set prescription drug costs. The New York Department of Financial Services (NYDFS) announced Wednesday (Aug. 16) that it had...
July 12, 2023
CVS Caremark and GoodRx have announced the upcoming launch of a program to help members pay lower out-of-pocket prices on generic medications at the pharmacy counter. The new Caremark Cost Saver program offers automatic...
