Pharmacy
Former Turing CEO Martin Shkreli on Thursday invoked his Fifth Amendment rights while members of a Congressional committee grilled pharmaceutical executives about the high price of prescription drugs.
Cincinnati, Ohio-based Mercy Health has saved more than $42 million on drugs since 2010 by building a formulary within its electronic health record platform.
California voters will weigh in this November on a high-stakes ballot proposition intended to help control the cost of prescription drugs - the latest attempt to limit soaring prices that have prompted public criticism nationwide.
Donald Trump is calling for a change in the way Medicare deals with big pharma prices, a revision long targeted by Democrats.
Biopharmaceutical company Emmaus Life Sciences has raised approximately $1.7 million in gross proceeds from the sale of common shares to Korea Bio Medical Science Institute as part of a collaboration agreement between the two companies.
The United States Department of Justice has given its blessing to a district court in New York to allow ex-pharmaceutical CEO Martin Shkreli to travel to Washington, D.C. to testify at a hearing on drug pricing on February 4.
The Centers for Medicare and Medicaid Services on Thursday finalized a rule on the rebate and reimbursement of prescription drugs, a move aimed at bringing down consumer costs and which is expected to save federal and state governments an estimated $2.7 billion over five years.
WellCare is a provider of managed care services for government-sponsored healthcare programs; CVS health is the nation's second-largest PBM company, and will administer pharmacy benefits and process claims for about 3.8 million WellCare members who participate in the company's nationwide Medicare, Medicaid and Prescription Drug Plan programs.
Despite advice to shop around before selecting a plan, consumers may find that getting answers about drug coverage can be an exercise in frustration, despite a federal health law requirement that insurers provide lists of the prescription medications included in their plans.
As prescription drug prices continue to drive up healthcare spending, the Centers for Medicare and Medicaid Services is creating a new online dashboard to increase transparency and address affordability. Read the story for the full price breakdown.