For years PBMs have been assailed by pharma companies and Congress, and the new Trump administration looks likely to keep up the barrage.

CVS CEO David Joyner’s comments come as lawmakers on both sides of the aisle and President Donald Trump have signaled ...

Healthcare startup Capital Rx seeing revenue surge as Congress seeks to regulate the PBM giants that profit from high drug ...

The three largest PBMs which control 80% of the U.S. prescription drug market are OptumRx, Express Scripts, and CVS Caremark. Due to their size and the manner in which vertical integration has ...

Diagnosed with asthma as a baby, Cole Schmidtknecht took the inhaler daily as a preventive medication since he was about 13, ...

CVS owns Caremark, one of the nation's three largest PBMs that collectively administer roughly 80% of prescriptions in the U.S. Those middlemen negotiate rebates with drug manufacturers on behalf ...

CVS Health reported $4.6 billion in 2024 profit including $1.6 billion in the fourth quarter as its health insurance business ...

By negotiating discounted prices from manufacturers PBMs are intended to reduce the cost of medicine for patients. This is a lucrative market, with the largest three companies totaling more than $ ...