Express Scripts is suing the Federal Trade Commission (FTC), demanding the retraction of a report it claims is false and harmful to the pharmacy benefit manager (PBM) industry. Express Scripts is ...

Supporters of the bill have argued it could lower costs, while opponents have warned it might drive up insurance premiums and weaken PBM bargaining power, according to the report. Mr. Newsom has ...

For years, PBMs have described themselves as partners of health care plans and self-insured employers in the management of their respective prescription drug benefits. Likewise, pharmacy directors ...

The University of North Carolina-affiliated health system announced a plan this month to launch UNC Health Pharmacy Solutions, a "transparent" PBM for employers seeking an alternative to CVS ...

Psyence Biomedical Ltd (NASDAQ:PBM) shares are trading lower by 28.6% to $0.25 during Wednesday’s session. The company earlier announced it entered into an exclusive licensing agreement with ...

Opinions expressed by Forbes Contributors are their own. I write about business model strategy and execution across healthcare. On the heels of the FTC’s investigation into pharmacy benefit ...

During the House Oversight hearing earlier this summer, Conway, Kautzner and Joyner defended PBM business practices in front of a generally unfriendly panel of lawmakers. PBMs, middlemen that sit ...

Psychedelic Biotech Psyence Grows Pipeline With Trials And Psilocybin Drug Developer Acquisition Psyence Biomed launches Phase IIb trials for psilocybin in palliative care and Alcohol Use Disorder ...

Their parent companies CVS, Cigna and UnitedHealth all include a major PBM, health insurer and pharmacy network. That vertical integration incentivizes and gives the conglomerates the ability to ...

Collectively, they control 80% of the PBM market. All three are also part of large, vertically integrated healthcare companies. Caremark is a subsidiary of CVS Health and a sister company to ...

PBM stock is up 162.6% as of Thursday morning. The stock was down 83.3% year-to-date when markets closed yesterday. Investors will want to keep reading for more of the most recent stock market ...

During the hearing, the PBM executives said that they do not steer patients to their own pharmacies or pay them more favorable rates. Comer said those statements contradicted evidence unearthed by ...