Across the country, hospitals and clinics are dealing with a really difficult problem: Sometimes they can’t get their hands on certain life-saving generic drugs. So one group of large hospital systems, including the Mayo Clinic and Intermountain Healthcare, has come up with a workaround. It’s created a nonprofit company called Civica RX that will make […]
Hear that thud? That’s the sound of Amazon getting into the retail pharmacy business. Today the online retail giant snatched up PillPack, an online pharmacy that presorts prescription drugs and delivers them to your door. Walgreens, Rite Aid and CVS all saw their stock prices take a dive in early trading on news of the […]
More patients who are terminally ill will potentially have access to experimental drugs under a measure passed by the House last night. President Donald Trump is expected to sign the so-called “right-to-try” bill. Forty states have already passed similar legislation. Currently, terminal patients not covered by those laws have only two options for getting unapproved […]
President Donald Trump on Friday took the wraps off his long-awaited plan for cutting drug prices. In a speech, the president announced measures to increase competition and pricing transparency as ways to drive down costs, which have been spiraling. He did not put forward any plan to use the huge buying power of the federal […]
Several health economists and policy experts argue until Washington forces drug companies to lower their overall prices, an out-of-pocket Medicare cap is just dabbling at the edges.
Congressional hearings on more than a dozen opioid bills start on Wednesday. Today President Donald Trump unveiled his plan to tackle the epidemic … including a multimillion dollar media blitz that he promises will keep kids from getting hooked on prescription painkillers and heroin. Click the audio player above to hear the full story.
Health insurance giant Cigna announced its intent Thursday to buy Express Scripts, a company that negotiates prescription drug deals on behalf of insurers and large employers. This merger comes on the heels of the CVS-Aetna deal late last year, which is also, in part, a marriage between an insurer and a pharmacy benefit manager – […]
A report from CNBC says Amazon is getting more serious about becoming a place for you to buy your prescription drugs. Amazon could be a major disrupter, as it has been when it entered other sectors, from books to groceries. The hundreds of billions of dollars Americans spend on prescriptions every year make the pharmacy business […]
