Key Findings from the Investigation
The Federal Trade Commission’s latest interim staff report, released January 14, 2025, reveals shocking pricing practices among the nation’s leading pharmacy benefit managers (PBMs): Caremark Rx, Express Scripts, and OptumRx….
Mark Cuban says it is vital for government officials to consider and understand the hierarchy when it comes to the prescription drug market and evaluating and setting laws around drug pricing. “To me, it’s all…
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A. J. Loiacono is CEO of Capital Rx.
Tell me about yourself and the company.
I have been in the pharmaceutical supply chain for 24 years. I’ve always had a special interest or…
Truveris, a health technology company focused on decreasing prescription costs for employers and their members, announced it secured $15 million in Series E investment. Existing investors Canaan Partners and New Leaf Venture Partners led the…
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Season 2 of the MedCity Pivot Podcast has launched with a special focus on the evolution of phamacy and pharmacy benefit management. The first guest this season is A.J. Loiacono, who leads Capital Rx,…
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Digital weight loss company Noom announced its commercial business, Noom for Work, is partnering with Liviniti, a national pharmacy benefit manager, to offer plan sponsors and their employees a digital GLP-1 Companion for chronic…
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An antitrust lawsuit has been filed against Cigna-owned online pharmacy and pharmacy benefit manager (PBM) Express Scripts by several community, independent pharmacies, alleging the company teamed with rival PBMs to fix pharmaceutical reimbursement rates…
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Another area where we haven't enabled pharmacists has to do with pharmacy interoperability. While almost every pharmacy out there now supports ePrescribing, the healthcare industry has fallen short when it comes to ensuring that…
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What You Should Know:
– Rite Aid filed for Chapter 11 bankruptcy protection on Sunday to address its $4B debt load and legal battles for allegedly filing unlawful opioid prescriptions.
– Last Thursday, Rite Aid filed…
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What You Should Know:
– Capital Rx, an NYC-based full-service pharmacy benefit manager (PBM) and pharmacy benefit administrator (PBA) raised $50M with participation from more than 10 of the leading health systems in the nation,…
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