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- The utilization side of the story: utilization management is an increasingly important component of controlling pharmaceutical costs. No wonder workers' compensation PBMs are multiplying like rabbits
- [ILLUSTRATION OMITTED] Let's say you and your pharmacy benefit manager are sophisticated and vigilant in your efforts to control spending on pharmaceuticals. Despite the wholesale pricing complications, you feel confident that your injured employees are getting what they need to heal the injury and return to work quickly at...
- Research articles 2007-11-01
- Express Scripts Fine Settles PBM Mess -- For Now
- Express Scripts Fine Settles PBM Mess -- For NowPBMsPublished on discoverwhatyouthink.blogspot.comThe Amazement and the Price of Innovation: PBMsRecently, you may have heard or read in mass media sources about the issue of what are known as pharmacy benefit managers that have clients who are prescribed medications created by what...
- Discussion threads 2008-07-07
- Store-Brand Infant Formula Company PBM Products Files Formal Response to Mead Johnson & Co. Lawsuit
- To: LEGAL AFFAIRS EDITORSContact: Joe Shields, Director of Public Relations of PBM Products, LLC, +1-800-959-2066 ext. 131, jshields@pbmproducts.comGORDONSVILLE, Va., Jan. 10 /PRNewswire-USNewswire/ -- Store-brand infantformula company PBM Products, LLC, has filed a formal response to a lawsuitfiled by Mead Johnson & Co., a division of Bristol-Myers Squibb and maker ofEnfamilR...
- Research articles 2007-01-10
- Employers pushing their PBMs for revenue info, rebate funds.(pharmacy benefit manager, University of Minnesota )
- Byline: KAREN PALLARITO When the University of Minnesota began searching for a pharmacy benefit manager to oversee nearly $35 million in annual prescription drug spending that it had carved out from its health plan administrators, the self-insured Byline: KAREN PALLARITO ...
- Research articles 2005-09-19
- Web site could offer cost-saving opportunities for employers
- The close of 2004 saw the introduction of a new tool regarding the pharmaceutical industry: the Consumer Reports Best Buy Drugs Web site. Although the site is directed at consumers of prescription medications, it will have a much broader impact, as doctors, pharmacists, PBMs and drug manufacturers will surely feel...
- Research articles 2005-03-01
- Merger to Form Second-Largest Prescription-Benefits Manager.
- By Roger Yu, The Dallas Morning News Knight Ridder/Tribune Business News Feb. 12--Five months after they agreed to merge, AdvancePCS and Caremark Rx Inc., two of the nation's largest pharmaceutical benefit managers, got the green light from federal regulators Wednesday to...
- Research articles 2004-02-12
- PCMA: Medicare Trustees' Report 'Sobering Reminder' to Policymakers to Embrace Choice, Competition in Medicare
- Numerous independent government data and analyses have documented the value that competing PBMs can bring to the Medicare program. The Congressional Budget Office CBO has long asserted that PBMs have the potential to save as much as 30 percent in totalNumerous independent government data and analyses have documented the...
- Research articles 2004-03-23
- Drug pricing system nixed by pact; Class settlement may lead to reduced prescription costs.(First DataBank Inc., McKesson Corp.)
- Byline: JOANNE WOJCIK A proposed settlement of a class action lawsuit against the nation's No. 1 provider of average wholesale prices for pharmaceuticals likely will result in pharmacy benefit managers attempting to renegotiate their contracts to Byline: JOANNE WOJCIK ...
- Research articles 2006-10-16
- Global Profit Split: An Evolutionary Approach to International Income Allocation
- La fiscalite internationale s'interesse principalement a la ventilation equitable du revenu transfrontalier entre les pays ou l'entreprise exerce ses activites generatrices de revenus. Traditionnellement, cette ventilation reposait sur le principe de pleine concurrence qu'on a toujours interprete comme exigeant une approche fondee sur un prix comparable. Selon cette approche, chaque...
- Research articles 2002-01-01
- Insurance Reimbursement Critical to Survival of Online Drugstores; Gomez Advisors Releases New Internet Drugstore Scorecard
- LINCOLN, Mass.--BUSINESS WIRE--Aug. 26, 1999-- Gomez Advisors, the leading provider of e-commerce research and analysis, released the results of its new Internet Drugstore Scorecard Thursday. Research found that the online drug market is expected to grow from $11 million in 1998 to $890 million in 2002, making it...
- Research articles 1999-08-26
- Retailers offering low-cost generics shake drug market
- While health care analysts agree that consumers will benefit from Wal-Mart's recent decision to sell certain generic drugs for $4 a month, there's plenty of debate on the impact cheaper generics will have on competition at the retail and PBM levels and on While health care analysts agree that consumers...
- Research articles 2006-12-01
- The son of FridayWear arrives for fall.
- Men's clothing manufacturers, designers and retailers plan to sell more dressy casual wear for Fridays in 1997. Executives of stores such as Saks describe the trend as corporate casual, which includes shirts and ties. Designers claim that FridayWear evolved from khakis and sport coat into a more sophisticated style, replacing...
- Research articles 1996-12-02
- Federated plans $55 million Union Square renovation; seeks approval for seismic upgrades, Macy's expansion, building replacements
- CINCINNATI--BUSINESS WIRE--April 25, 1996--Federated Department Stores, Inc. said today it will seek approval from the city for a $55 million project in downtown San Francisco that will involve seismic upgrading, expansion and remodeling of the existing Macy's store and replacement of two smaller Geary Street buildings. The proposed newer structure...
- Research articles 1996-04-25
- Doubts emerge about drug industry mergers - acquisitions of pharmacy benefit management companies raise antitrust concerns
- An unsettling evolution has been taking place in the world of pharmacy. The most obvious development has been a flurry of pharmacy benefit-management PBM company acquisitions by major drug manufacturers, beginning last November with, Merck & Co.'s acquisition of Medco Containment Services, Montvale, N.J., which manages $4 billion in drug...
- Research articles 1994-11-01
- Will FDA guidelines threaten PBM rebates?
- The FDA has issued draft guidelines holding pharmaceutical companies responsible for promotional activities of pharmacy benefit management companies PBMs that they own, or with whom they contract. The guidelines would apply when the contract is based on the PBM, HMO, or promotion of the company's product in a preferential manner,...
- Research articles 1998-05-01
- Employers get creative on Rx costs; Transparency, generic drug efforts help benefit managers take control.(News)
- Byline: GLORIA GONZALEZ NEW YORK-Some benefit managers are exploring innovative ways to manage their pharmacy benefits, demanding enhanced performance from their pharmacy benefit managers and changing their employees' approach to managing their ow Byline: GLORIA GONZALEZ NEW YORK-Some benefit managers...
- Research articles 2007-02-12
- Drug benefit plans allowing HSA users access to discounts on prescriptions.(health saving accounts)
- Byline: GLORIA GONZALEZ Insurers and prescription benefit managers are developing pharmacy benefit plans designed to help members of consumer-driven health care plans better manage their prescription drug costs. CDHP members are being allowed to Byline: GLORIA GONZALEZ Insurers...
- Research articles 2006-08-14
- PCMA President Mark Merritt Testifies Before Senate Finance Committee on Medicare Prescription Drug Benefit Rules
- WASHINGTON, Sept. 14 /U.S. Newswire/ -- Testifying today before the Senate Finance Committee on proposed rules governing the new Medicare prescription drug benefit, PCMA President & CEO Mark Merritt said preserving PBMs' proven cost containment and quWASHINGTON, Sept. 14 /U.S. Newswire/ -- Testifying today before the Senate Finance Committee on...
- Research articles 2004-09-14
- PBM deal might cut prices. (proposed merger of Express Scripts Inc. and ValueRx)
- ST. LOUIS - Lower prescription drug prices for employers could result from the planned merger of Express Scripts Inc. and ValueRx, company executives and consultants say. ValueRx's customer base, dominated by large employer groups and insurers, also wST. LOUIS - Lower prescription drug prices for employers...
- Research articles 1998-03-02
- PCMA Intends to Immediately Appeal U.S. District Court Ruling on Maine PBM Fiduciary-Disclosure Law
- WASHINGTON, April 13 /U.S. Newswire/ -- In response to today's ruling by the U.S. District Court upholding Maine's PBM fiduciary- disclosure law and in an effort to protect Maine consumers and employers from higher prescription drug costs, the PharmaceutiWASHINGTON, April 13 /U.S. Newswire/ -- In response to today's ruling by...
- Research articles 2005-04-13
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