How Will Insurer-PBM Deals Affect Health Costs?
It may take awhile, but the recent mergers of health insurers and pharmacy benefits managers could meaningfully mitigate the costs of care.
Icahn Blasts Cigna Deal for PBM as ‘Travesty’
The investor urges Cigna shareholders to reject the acquisition of Express Scripts, calling it potentially “one of the worst blunders in corporate history."
Cigna to Buy Express Scripts in Big PBM Move
The $54 billion deal is the latest move by an insurer to cut health care costs by bringing pharmacy benefits and medical claims under one roof.
CFOs on the Move: Week Ending Oct. 27
Westinghouse Electric, FLIR Systems, Express Scripts, New York Times, Neustar, Shenandoah Telecom, Blackhawk Network, Fulton Financial, Ensono, Avaya
CFOs on the Move: Week Ending Sept. 11
Docker, Express Scripts, Crocs, CSX, AECOM, Verso, Quaker Chemical, Merrill, Monotype Imaging, Novitex.
Express Scripts’ Smith Steps Down as CFO
After less than a year on the job, the former Wal-Mart exec announces her departure from the pharmacy benefit manager.
Forecasting Error Cost Walgreen’s CFO His Job
Wade Miquelon, the drugstore chain's ex-CFO, took the blame for a $1.1 billion forecasting flub.
Drug-Benefits War Heats Up
Pharmacy benefits management goliath Express Scripts has a smaller but fattened-up competitor nipping at its heels. An interview with Jeff Park, CFO of new number-four player Catamaran.
Walgreen, Express Scripts End War
The pharmacy chain blinks first in the parties' epic pricing struggle — perhaps setting the stage for corporate cost savings on drug benefits.
Private Pharmacos Out-sell Drug Stores
One possible explanation: pharmacies often sell more than prescription drugs, and the recession may have cut into revenues gleaned from things like toiletries and candy.