Amazon said it has expanded its prescription drug program to include Medicare beneficiaries. Beginning Tuesday (June 18), more than 50 million enrollees in the government health insurance program are eligible for Amazon’s RxPass, a Prime member benefit that allows for affordable access to common medications,...
Optum Rx has launched a tool that gives members the best price on prescription drugs. The new Price Edge tool from Optum Rx, which is the pharmacy services company of UnitedHealth Group, compares direct-to-consumer pricing with insurance pricing, Optum Rx said in a Monday (Jan....
Amazon is considering entering the prescription drug sales market in Japan, according to a Reuters report Monday (Sept. 5). If it does so, it plans to team up with smaller pharmacies, starting next year when electronic prescriptions are finally allowed in the country. Prescription drug prices...
GoodRx Inc., the Santa Monica, Calif.-based prescription drug price-comparison company, plans to go public. Reuters reported the online company has filed for a potential initial public offering with the U.S. Securities and Exchange Commission. Just two years ago, the startup was valued at $2.8 billion...
May 31, 2019
Way back when, medicine used to be simple. Grind up, boil and drink a few roots here, employ a few leeches there. Pay a barber to do some bloodletting or cupping when necessary, and hope for the best. Those ancient remedies still have their adherents (along with the interest of modern medical researchers), but it’s […]
September 19, 2017
Think the neighborhood pharmacy is dead and gone? There are more than 22,000 reasons to think otherwise, and Deepak Thomas, CEO of Phil, noted in the most recent edition of our...
November 05, 2024
Smaller pharmacies are accusing GoodRx and CVS of colluding to suppress generic prescription drug reimbursements. As Reuters reported Tuesday (Nov. 5), drug coupon aggregator GoodRx and a pair of pharmacy benefit managers (PBMs) — CVS’s Caremark unit and Express Scripts — have all been named in at least three lawsuits by independent pharmacies. PBMs, the report notes, negotiate the cost of prescription drugs between insurance […]
June 18, 2024
Amazon said it has expanded its prescription drug program to include Medicare beneficiaries. Beginning Tuesday (June 18), more than 50 million enrollees in the government health insurance program are eligible...
January 23, 2023
Optum Rx has launched a tool that gives members the best price on prescription drugs. The new Price Edge tool from Optum Rx, which is the pharmacy services company of...
September 05, 2022
Amazon is considering entering the prescription drug sales market in Japan, according to a Reuters report Monday (Sept. 5). If it does so, it plans to team up with smaller pharmacies,...
