Pharmacy
The bipartisan legislation would prevent dual ownership of PBMs and pharmacy assets.
In population health, a 10% weight loss makes a huge difference, say experts.
Effectively immediately the company has assigned a new chief pharmacy officer and new head of Pharmacy and Consumer Wellness.
The letter was spurred by a report showing PBMs allegedly pocketed rebates instead of passing them on to consumers.
Aftab Hussain and his associates were found to have paid illegal kickbacks to patients to ensure they would use certain pharmacies.
The proposed rule would need to become final under the Trump Administration.
PBMs claim the Federal Trade Commission wants to "upend present day drug rebate contracts."
HRSA informed J&J in August that its rebate model was inconsistent with the 340B statute.
The two transactions are expected to be accretive to Cardinal Health's revenue and segment profit growth.
The approach includes real-time analytics and specialty spend management capabilities.