Despite an 11th-hour attempt, Walgreen Co. was unable to come to contract renewal terms with Express Scripts Inc. and the new year began without a deal in place, putting the drug chain out of the pharmacy benefit manager’s network.
Despite the specter of its standoff with pharmacy benefit manager Express Scripts Inc., Walgreen Co. sounded a positive note at its annual shareholders meeting here.
A federal judge late last month blocked California’s move to cut Medicaid reimbursements by 10%. U.S.
National health care spending increased less than 4% in 2010 for the second year in a row as Americans delayed drug purchases, doctor visits and hospital care, according to the Centers for Medicare and Medicaid Services (CMS).
The Federal Trade Commission has ended a two-year investigation of CVS Caremark Corp. with no allegations of antitrust violations or anticompetitive behavior.
The Supreme Court has set aside an entire week in March to hear arguments over the constitutionality of President Obama’s health care overhaul. All told, the court will hear five hours of arguments over health care reform.
The Department of Health and Human Services (HHS) said last month it would not define a single uniform set of “essential health benefits” that must be provided by health insurers for tens of millions of Americans.
Rite Aid Corp. is starting off the year with a loyalty program promotion and an initiative to support dieters. Through January 28 the chain’s Resolution Rewards promotion is enabling members of its wellness+ program to get $20 +UP Rewards on their receipts.
A coalition of consumer groups came out this month against the merger of pharmacy benefit managers Express Scripts Inc. and Medco Health Solutions Inc., joining an increasing number of federal lawmakers questioning the deal. The coalition, including U.S.
The lineup of speakers for the National Association of Chain Drug Stores Annual Meeting, already highlighted by former president George W. Bush, has been extended to include election analyst and University of Virginia professor Larry Sabato.
Much has been written about Walgreens’ struggle to flourish in the aftermath of the drug chain’s decision to discontinue its relationship with Express Scripts, one of America’s most important pharmacy benefit managers.
