Content about Pharmacy Benefit Management

November 6, 2013

A broad-based group of organizations including large and small employers, pharmacy benefit managers, providers, health benefits advisers and health plans from across the country have launched the Affordable Health Benefits Coalition (AHBC).

Washington, D.C. - A broad-based group of organizations including large and small employers, pharmacy benefit managers, providers, health benefits advisers and health plans from across the country have launched the Affordable Health Benefits Coalition (AHBC). The Coalition’s main priority is advancing policy ideas that it says will help people obtain more affordable health coverage.

August 21, 2013

CVS Caremark has opened a 150,000-sq.-ft. fulfillment center in Mt. Prospect, Ill. It will support the CVS Caremark Pharmacy Benefit Management book of business.

Woonsocket, R.I. — CVS Caremark has opened a 150,000-sq.-ft. fulfillment center in Mt. Prospect, Ill. It will support the CVS Caremark Pharmacy Benefit Management book of business. The $67 million facility can fill 50 million prescriptions annually. Proprietary technology at the facility automates 90% of the dispensed prescriptions and 80% of the prescriptions packaged for mailing. On-site pharmacists visually check all of the prescriptions.

May 31, 2011

CVS Caremark Corp. won a $3 billion contract to provide pharmacy benefits to federal employees.

New York City -- CVS Caremark Corp. won a $3 billion contract to provide pharmacy benefits to federal employees.

The contract has been handled by pharmacy benefits manager Medco Health Solutions since 2008. Medco disclosed on Friday that Blue Cross Blue Shield Association would not renew a contract that saw Medco handle mail order and specialty drug benefits for the Federal Employees Health Benefits Program, which provides health insurance to federal government employees, retirees, and their families.

October 26, 2010

Walgreens is looking to sell its pharmacy-benefits management business and has hired an adviser to...

June 21, 2010

Walgreen Co. reported Tuesday that profit for the quarter ended May 31 fell 11% to...

June 17, 2010

Walgreen Co. and CVS Caremark Corp. announced Friday that they have settled a contract dispute...

June 6, 2010

Walgreens says it will no longer be a provider in new or renewed prescription drug...

May 11, 2010

CVS Caremark Corp. said Wednesday chairman and CEO Thomas M. Ryan will retire next year,...

May 22, 2008

Standard & Poor's has named CVS the drug store of choice, citing the chain's growth...