Pharmacy
Moody's credit analysts called the move positive for health insurers that own large PBMs.
Medicare Part D beneficiaries can have higher out-of-pocket spending for generics if they use expensive specialty drugs.
Dr. Sujay Kakarmath, digital health scientist at Partners HealthCare Pivot Labs, says the organization is enabling collaboration between hospitals, health systems and other stakeholders such as big tech and pharma.
Controlled substances, local anesthetics and antibiotics are among the most common drug categories where shortages had an impact.
PillPack and Amazon have no immediate plans to build a PBM but have 'explored a number of things,' say court documents.
The Lower Health Care Costs Act from the Senate HELP committee will be marked up next week prior to going before the full Senate.
The expedited process and drug access would allow clinicians to complete the process online under new e-prescribing standards.
Hospitals said cuts to 340B savings would force them to scale back certain programs, though the 340B program remains controversial.
The program is intended to assist drug supply chain stakeholders in identifying and tracing certain prescription drugs.
Humana says it is the first national insurer to collaborate with Epic to bring together patients, providers, and the insurer in a value-based model.