Sentences with phrase «pharmacy benefits manager announced»
Shares of Express Scripts came under pressure Tuesday, after the nation's largest pharmacy benefits manager announced a deal to buy medical benefits firm eviCore for $ 3.6 billion in an effort to bolster its position in a tough benefits market.
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Shares in healthcare companies that act as middlemen, like insurers and pharmacy benefit managers, fell when the news was first announced that the three companies would work together.
Cigna announced Thursday it planned to acquire pharmacy benefit manager Express Scripts in a $ 67 billion deal.
Cigna announced it will spend about $ 52 billion to acquire the nation's biggest pharmacy benefit manager, Express Scripts.
Anthem, which recently announced that it plans to start its own pharmacy benefit manager, estimated it could save $ 4 billion a year, the bulk of which it said would result in lower drug costs for customers.
ST. LOUIS (March 13, 2018)-- Centene Corporation (NYSE: CNC) announced today that it has made an initial investment in RxAdvance, a full - service pharmacy benefit manager (PBM), and will use its best - in - class technology platform to improve health outcomes and reduce avoidable drug - impacted medical and administrative costs.