Third-party companies known as pharmacy benefit managers, which administer prescription drug benefits for health insurance ...

The PBM says the payment model more closely aligns with the costs pharmacies often face due to "manufacturer pricing actions." ...

Optum Rx will align payment models more closely to the costs pharmacies may face due to manufacturing pricing actions effective immediately and with full implementation by January ...

Cardinal Health outpaces S&P 500 with strong growth in specialty pharmaceuticals. Read why CAH stock has limited upside ...

The PBM is pivoting to a cost-based reimbursement model, which it says will reduce variation in how pharmacies are paid.

The PBM also announced that it will make the pharmacy experience simpler for consumers with chronic conditions by eliminating ...

UnitedHealth Group’s UNH Optum Rx recently announced a major step toward modernizing pharmacy payments, a decision that could ...

Optum Rx is shifting its payment models to better meet the needs of pharmacies and consumers, the pharmacy benefit manager ...

Optum — which is UnitedHealth Group’s division that controls one of the nation’s largest pharmacy benefit managers — is moving to improve access and pricing for prescription drugs by cutting some ...

Optum Rx will increase reimbursements to pharmacies for brand-name drugs and cut them for generics.  Optum Rx said the new pharmacy payment models are in response to price increases set by brand name ...

Optum Rx's new cost-based program uses an internal algorithm that leverages multiple available industry data sources, such as ...