Category: NASDAQ:ESRX

Rite Aid’s PBM Has New CEO Amid Speculation About Its Future

Rite Aid hired a new CEO for its pharmacy benefit manager EnvisionRxOptions amid speculation about the PBM’s future.

Cigna CEO: More Choices To Come With Addition Of Express Scripts

Cigna CEO David Cordani says the addition of Express Scripts will expand choices for clients to “improve whole person health.”

Anthem’s Move To End PBM Deal Latest Scrape With Cigna

The March 2 start of the migration of Anthem clients away from Cigna’s Express Scripts PBM will come just days after Anthem and Cigna square off in a trial over a contested breakup fee from an aborted 2017 merger.

Anthem To Launch PBM Earlier, Ending Express Scripts Deal In March

Anthem will move up the launch of its pharmacy benefit management (PBM) company IngenioRx, saying it will begin transitioning members away from Express Scripts in less than two months.

Ending Pharmacy Dispute, Walmart Renews Contract With CVS Heath’s PBM

Ending a dispute over prices, CVS Health said Walmart will continue to use its Caremark pharmacy benefit management (PBM) commercial and managed Medicaid retail pharmacy networks as part of a new multiyear agreement.

Cigna Plans Broader Medicare Advantage Offerings

Cigna CEO David Cordani plans to broaden the health insurer’s Medicare Advantage offerings to seniors.

NYSE’s Warning To Rite Aid May Force A Deal

The NYSE’s notice to Rite Aid that the drugstore chain is no longer in compliance with “listing standards” may trigger a “reverse stock split,” the company said.

Amid PBM Battles, Molina Renews With CVS Caremark

Health insurer Molina Healthcare said it has extended its agreement with CVS Health’s pharmacy benefit manager (PBM) through 2021 in the first major CVS win since its Aetna merger closed.

Rite Aid’s PBM Suddenly Looks More Attractive

Rite Aid’s pharmacy benefit manager EnvisionRx is a bright spot for the embattled drugstore chain thanks to growth of sales of Medicare drug plans.

Cigna-Express Scripts Merger A Done Deal By Thursday

Cigna said it will close on Thursday its acquisition of Express Scripts, the last major standalone pharmacy benefit manager (PBM).