Amazon's RxPass offers more than 50 generic drugs for more than 80 common conditions at the flat fee of $5 a month for Prime members. While one expert says its a significant move by Amazon, another said more needs to be done.
Transcarent wants to transform the digital pharmacy benefit experience, enabling self-insured employers and their staff to make more informed choices.
Closing cancer health equity gaps require medical breakthroughs made possible by new funding approaches.
By leveraging its large membership, Medicare could by embracing value-based contracting significantly influence the pharmaceutical market, pitting competing drugs against each other, or encouraging pharmaceutical makers to figure out ways to deliver drugs more cheaply.
GoodRx is arguably most well-known for its search platform that allows consumers to compare drug prices across different pharmacies. Now, it has launched a similar platform for healthcare providers. The new platform, called “Provider Mode,” is designed to help providers search for drug cost information while they are conducting appointments with their patients.
The question elicited predictable and unexpected responses from panelists that included a senior executive from CVS Caremark and executives from startup companies working to change the pharmacy benefits landscape.
From July 2021 to July 2022, 1,216 prescription drugs saw price increases that soared past the inflation rate of 8.5% for that time period, one HHS report showed. Another reported that in 2021, the American healthcare system spent $603 billion on prescription drugs, of which $421 billion was spent on retail drugs.
The future looks bright for the integrated specialty pharmacy model – for health systems, providers, and most importantly, for patients.
Pharma companies often take the blame for high prescription costs. But a new, industry-sponsored survey shifts attention to insurance industry practices.
The Ohio attorney general has filed a lawsuit alleging that a Centene subsidiary, which provides Medicaid services in the state, hired multiple companies to administer pharmacy benefits in order to inflate costs. As a result, the state's Medicaid department paid millions in overcharges.
Vizient, a healthcare performance improvement company, will use its analytics and data capabilities to help Civica Rx anticipate gaps in drug availability and affordability.
The industry's main lobbying group, PhRMA, updated its direct-to-consumer ad guidelines to include pricing information, but HHS secretary says voluntary action is insufficient.
The progress in artificial intelligence (AI) is reshaping patient care, across various dimensions, from facilitating faster discharge to curating treatment plans and suggesting lifestyle changes.
Determined to explore more avenues to curb price hikes, the Trump administration is signaling that it is willing to consider what the industry regards as something of a nuclear option to address a recalcitrant problem.
At MedCity CONVERGE on July 12, panelists discussed rising oncology costs and posed questions about how the nation is spending its healthcare dollars.
The rollout of the Rx Savings Finder is starting with CVS Caremark PBM members but will become more broadly available throughout 2018.
Beginning next month, Cerner customers will start implementing Surescripts' Real-Time Prescription Benefit tool into their Millennium EHRs. The Kansas City vendor's collaboration with Surescripts was initially announced last November.
Trinity Health is the first major user of emRxcelm, which integrates FamilyWize's prescription drug savings program with EHRs and into prescribers' workflows.