Existential Threat to Pharmacy Benefits Managers?
By Staff Reporters
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DEFINITION
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Just now, CVS got a taste of its own medicine after Blue Shield of California said it will replace CVS’s pharmacy benefit manager system [PBMs] with other companies, including Amazon Pharmacy and Mark Cuban’s Cost Plugs Drugs business, to supply cheaper drugs to its members.
CITE: https://www.r2library.com/Resource
The move poses an existential threat to the entire pharmacy-benefit manager model.
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