Not exact matches
Last year, health insurer Anthem said it would set up its own
pharmacy -
benefits management
unit, after earlier accusing Express Scripts of overcharging by billions of dollars.
Under the deal, Walgreens won't take ownership of the Valeant drugs but instead hold them on consignment until delivery, a move that could marginalize
pharmacy benefits managers such as CVS» Caremark
unit.
But federal prosecutors allege that Babich and his co-conspirators doled out kickbacks to doctors who prescribed the drug even to non-cancer patients, and even set up a special «reimbursement
unit» to sway insurance companies and
pharmacy benefits managers to provide coverage for these non-authorized uses.
The big insurer, which acquired a chain of outpatient surgery centers earlier this year, has a wide array of profitable health care businesses like its own
pharmacy benefit manager and various consulting arms through its Optum
unit.
The Operations
unit under PDP provides information to the public on pharmacare application status,
benefit coverage and adjudication of claims and extends helpdesk support and troubleshooting to
pharmacy providers.