The rising use of prescription drug discount cards is reportedly leading to significant implications for pharmacy chains. These discount cards, such as those offered by GoodRx, are negatively impacting the margins of retail pharmacies, Bank of America analyst Allen Lutz said, according to a Tuesday (Sept. 19) report by Seeking Alpha. This...
MedImpact and GoodRx have partnered to deliver lower prices on prescriptions at the pharmacy counter. The collaboration will integrate GoodRx’s prescription pricing into MedImpact’s pharmacy benefit manager (PBM) services, providing a seamless experience for MedImpact members at the pharmacy counter, the companies said in a Wednesday (Sept....
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 proposed regulations governing the conduct of pharmacy benefit managers (PBMs) operating in the state. ...
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 […]
September 19, 2023
The rising use of prescription drug discount cards is reportedly leading to significant implications for pharmacy chains. These discount cards, such as those offered by GoodRx, are negatively impacting the margins...
September 13, 2023
MedImpact and GoodRx have partnered to deliver lower prices on prescriptions at the pharmacy counter. The collaboration will integrate GoodRx’s prescription pricing into MedImpact’s pharmacy benefit manager (PBM) services, providing a seamless...
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...
