PharMerica,
a U.S. pharmacy manager for long - term care facilities, said it agreed to be acquired by a newly formed company controlled by buyout firm KKR for $ 1.4 billion.
The U.S. pharmacy manager's shareholders will receive $ 29.25 per share in cash, representing a 16.8 percent premium to the company's Tuesday closing price.
Not exact matches
A
U.S. district judge combined Berman's suit and several other national cases last month, adding the
pharmacy benefit
managers, or PBMs (Express Scripts, CVS and UnitedHealth Group with its division OptumRx) as defendants.
As analysts noted, those numbers don't show how many prescriptions were actually filled, but, in another positive sign, the med hit the market with coverage from two
pharmacy benefits
managers that together account for 25 % of the overall
U.S. coverage universe, Credit Suisse analyst Vamil Divan says.
WASHINGTON (Reuters)-
U.S. Food and Drug Administration chief, Scott Gottlieb, criticized
pharmacy benefit
managers, health insurers and drugmakers on Wednesday for «Kabuki drug - pricing constructs» that profit the industry at the expense of consumers.
The treatments are about 70 times more expensive than pennies - a-day warfarin, according to Express Scripts Holding Co, the largest
U.S. pharmacy benefits
manager.
Reuters also reported last week that employees responsible for billing insurers were told to resubmit claims rejected by a major
U.S. pharmacy benefits
manager by using the billing identification numbers of other
pharmacies.
He litigates complex healthcare fraud cases, including anti-kickback, stark law and false claims cases throughout the
U.S. related to Tricare, Department of Labor, Medicare and Medicaid, as well as
pharmacy billing,
pharmacy benefits
manager disputes, and Foreign Corrupt Practices Act (FCPA) matters.
CVS is not only one of the largest retail
pharmacy chains, but also one of the largest
pharmacy benefit
managers in the
U.S.