The author says CVS’s growth has come at a significant cost to patients, local pharmacies, taxpayers and fair competition.

Lilly is reportedly shifting its 50,000 employees to Rightway, a fintech-driven pharmacy benefit manager, starting January 1.

Eli Lilly is dropping CVS Health's drug benefit plan for its employees after the healthcare conglomerate stopped covering the company's weight-loss drug in favor of Novo Nordisk's rival medication, ...

DeVaney will lead CVS’ pharmacy benefit manager after roughly two months in the interim role, the healthcare giant said in a Monday press release. Before serving as interim president at Caremark, ...

The judge added a $4.87 million civil fine and stated the fraud was financially motivated. CVS plans to appeal the ruling. This ruling follows another recent judgment against CVS's Omnicare unit for ...

A federal judge has ordered CVS Health’s pharmacy benefit manager, Caremark, to pay nearly $290 million after a whistleblower accused the business of overcharging Medicare on prescription drugs more ...

Philadelphia has sued major pharmacy benefit managers, alleging their marketing and distribution of opioids contributed to the city's opioid crisis. The city seeks damages and corrective actions.

State and federal Oklahoma lawmakers say they plan to prioritize enforcement actions on pharmacy benefit managers, the ...

CVS Caremark laid out its renewed pledge to American businesses, unions and health plans—building on what the company said it is doing to deliver greater transparency, lower drug costs and better ...

The nation's largest drugstore chain, CVS, wants to acquire the pharmacy benefit manager known as Caremark. If this deal goes through, the combined company would handle 25 percent of all U.S.

The U.S. Food and Drug Administration named Richard Pazdur, its longtime overseer of cancer therapies, as its top drug ...

Eli Lilly is dropping CVS Health's drug benefit plan for its employees after CVS stopped covering its weight-loss drug in ...