Senators Seek Probe of Pharmacy Benefit Managers’ Pricing Practice April 9, 2019 By Anna Edney and Robert Langreth Two U.S. senators have asked the inspector general of the Health and Human Services Department to investigate a practice by...
Trump Plan to Curb Drug Prices Targets Rebates to Pharmacy Benefit Managers February 1, 2019 By Anna Edney and Robert Langreth The Trump administration proposed ending a complex system of drug rebates that influence tens of billions of dollars in U.S....
Investor Icahn to Oppose Cigna-Express Deal, Fearing Amazon Threat: Sources August 2, 2018 By Scott Deveau, Zachary Tracer and Robert Langreth Activist investor Carl Icahn has built a sizable stake in Cigna Corp. and plans to oppose the health insurer’s $54...
Amazon to Buy Online Pharmacy Startup PillPack as Entry Into Health Care June 28, 2018 By Robert Langreth Amazon.com Inc. agreed to buy the online pharmacy startup PillPack, jumping into the health care business with a deal that...
How Insurer and Benefit Manager Mergers Squeeze Out Smaller Pharmacies March 12, 2018 By Robert Langreth Over 20 years, Brian Komoto built a thriving pharmacy in California’s Central Valley. Each day, his nurses would travel the...
Express Scripts Fight Over Cyber Disclosure Reaches SEC January 24, 2018 By Robert Langreth and Anders Melin The U.S. Securities and Exchange Commission will review a dispute between Express Scripts Holding Co. and New York State Comptroller...
Why Patent ‘Shenanigans’ Share Blame for High Cost of Drugs December 29, 2017 By Robert Langreth and Cynthia Koons Bob Kelsey can’t afford a cancer drug that could save his life. The retired firefighter, 53, needs Revlimid to stay...
Some Question CVS-Aetna Remodeling of Health Care December 28, 2017 By Zachary Tracer, Robert Langreth and Matthew Boyle Walking the aisles of a CVS drugstore, there are piled paper towels, stacked cereal boxes, and neat lines of nail...
CVS to Pay $67.5B for Aetna to Create Giant Health Firm with ‘10,000 New Front Doors’ December 3, 2017 By Zachary Tracer and Robert Langreth CVS Health Corp. will buy Aetna Inc. for about $67.5 billion, creating a healthcare giant that will have a hand...
Express Scripts Not Looking But Open to Deal with an Insurer, Amazon December 1, 2017 By Robert Langreth Express Scripts Holding Co.’s chief executive said he’s open to a deal with a health insurer or partnering with Amazon.com...