New legislation would force UnitedHealth Group, CVS Health and Cigna to each sell their pharmacies within three years.
CVS could wind up as the only pharmacy stock in the U.S. if Walgreens goes private. But the drugstore chain, worth about $65 ...
Today, the stock moved below the $52.50 level, posting its lowest close since 2020. With a bearish trend in CVS’ 50- and ...
The stock reaction on Wednesday appeared to be in response to new bipartisan legislation that aims to break up pharmacy ...
CVS Health's Caremark, Cigna's Express Scripts and UnitedHealth Group's Optum control the majority of pharmacy benefit ...
A bipartisan group of lawmakers introduced legislation that would force the breakup of pharmacy benefit managers (PBMs), the ...
Legislation from Sens. Elizabeth Warren (D-Mass.) and Josh Hawley (R-Mo.) would transform conglomerates such as UnitedHealth ...
On Tuesday, CVS Health Corp (CVS) stock saw a decline, ending the day at $55.15 which represents a decrease of $-0.92 or -1.64% from the prior close of $56.07. The stock opened at $56 and touched a ...
Pharmacy benefit managers have previously come under scrutiny for their influence over prescription drug prices.
--Traded as low as $52.25; lowest intraday level since March 23, 2020, when it hit $52.04 --Down 5.26% at today's intraday low; largest intraday percent decrease since Nov. 7, 2024, when it fell as ...
Pharmacy-benefit managers (PBMs) have been scrutinized for their role in drug distribution for years. Now a bipartisan group of lawmakers is threatening to break up the companies behind these ...
Pharmacy benefit managers, or PBMs, negotiate drug prices for insurers — and sometimes own the pharmacy they're negotiating ...