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Major PBM to Offer Cost-Based Pricing Option for Prescription Medications

Pharmaceutical Commerce

ClearNetwork will be available for a plan sponsor’s list of covered generic, branded, and specialty drugs across 65,000 retail pharmacies in the Express Scripts network.

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Breaking Down Patient Access Barriers

PM360

Pharmacies are also feeling the impact, as unaffordable medication costs lead to prescription abandonment, undermining long-term care plans. Additionally, with high-deductible health plans (HDHPs) becoming more common, many patients report financial stress, postponing care, and skipping prescription refills to avoid unexpected costs.

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4 Ways to Meet the Needs of an Increasing Health-conscious Audience

PM360

Consider the SmartLabel Digital Transparency Initiative, which was created by the Grocery Manufacturers Association and the Food Industry Association under the manufacturing companies’ and retailers’ parity-based entity called the Trading Partner Alliance in 2016. Prescription refills can now be placed with a simple click on a patient portal.

Retail 97
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Amazon healthcare push shifts with closure of telehealth service

pharmaphorum

Amazon’s ambitious plan to disrupt the healthcare category seems to have had a course correction after the online retail giant announced it plans to shut down its telehealth service Amazon Care.

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UnitedHealth-Walmart partnership heats up U.S. Medicare provider competition

Clarivate

Whenever a health insurer partners with retail giant Walmart, it has the ability to shake up the market. For 2023 Medicare Advantage open enrollment, the United States’ largest retailer will begin a 10-year partnership with the nation’s largest insurer. CVS retail pharmacies converted into Health Hubs, with 1,500 Hubs nationwide.

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What Happens When 3rd-Party Cookies Expire?

Pharma Marketing Network

And advanced measurement approaches effectively connected third-party cookies to claims data to measure the impact of advertising on prescriptions. This may work in other industries, like retail, that can offer a clear value exchange with customers to collect their information (like offers, coupons, or premium content and services).

Media 98
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Addressing the Polypharmacy Problem

PM360

If one of those conditions is type 2 diabetes, that person may be taking seven prescription medications, 1 managing two or more additional chronic conditions, 2 and paying $13,000 per year on healthcare. senior adults (aged 65+) 7 taking five or more prescription medications. 3 They are also 2.6 In the U.S., 5 This links to 22% of U.S.