In a report, the regulator sharply criticized pharmacy benefit managers, a reversal from its longstanding hands-off approach to policing the companies.
Category: Drugstores
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Walgreens Plans ‘Significant’ Store Closures, Citing Weak Consumer Spending
The pharmacy giant told investors that shaky consumer spending was affecting its retail operations. But some said the company’s strategy was also to blame.
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Stanley Goldstein, Who Helped Make CVS a Pharmacy Giant, Dies at 89
The small chain that he, a brother and a third partner opened in 1963 had become the nation’s largest by the time he retired as its chief executive three decades later.
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With Cyberattack Fix Weeks Away, Health Providers Slam United
Hospitals, doctors and clinics expressed frustration that they will have to wait even longer for reimbursements after hackers paralyzed the largest U.S. billing clearinghouse.
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Cyberattack Wreaks Havoc on Health Care Billing
The hack shut down the nation’s biggest health care payment system, causing financial chaos affecting a broad spectrum ranging from large hospitals to single-doctor practices.
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CVS Fined $1.5 Million by Ohio Over Staffing Issues
The penalty is part of a settlement of 27 cases involving safety concerns revealed during inspections of nearly two dozen stores, officials said.
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CVS and Walgreens Will Begin Selling Abortion Pills This Month
The pill mifepristone will be available with a prescription at pharmacy counters in a few states to start.
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UnitedHealth Cyberattack Disrupts Prescription Drug Coverage
For nearly a week, people have been waylaid at pharmacies after a unit of the nation’s largest insurer was shut down by a possible ransomware assault.
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6 Reasons That It’s Hard to Get Your Wegovy and Other Weight-Loss Prescriptions
An array of obstacles make it difficult for patients to obtain Wegovy or Zepbound. Finding Wegovy is “like winning the lottery,” one nurse practitioner said.
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Pharmacies Shared Patient Records Without a Warrant, an Inquiry Finds
A congressional investigation found that the nation’s largest pharmacies have handed over prescription records to law enforcement without a warrant, raising privacy concerns.
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CVS Says It Will Change the Way Its Pharmacies Are Paid
The drugstore chain is introducing a model that will compensate pharmacies based on how much they paid for a drug, as well as a set markup and service fee.
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Why Doctors and Pharmacists Are in Revolt
Once accustomed to a status outside the usual management-labor hierarchy, many health professionals now feel as put upon as any clock-punching worker.