FTC Releases Second Interim Staff Report on Prescription Drug …
3 days ago · The Federal Trade Commission today published a second interim staff report on the prescription drug middleman industry, which focuses on pharmacy benefit managers’ (PBMs) ... Staff’s latest report builds on a report issued by FTC staff in July 2024, which found that pharmacies affiliated with the Big 3 PBMs received 68% of the dispensing ...
Pharmacy Benefit Managers: The Powerful Middlemen Inflating …
Jul 9, 2024 · Report on Pharmacy Benefit Managers: The Powerful Middlemen Inflating Drug Costs and Squeezing Main Street Pharmacies (2.47 MB)
Pharmacy Benefit Managers: The Powerful Middlemen Inflating Drug Costs and Squeezing Main Street Pharmacies. Interim Staff Report ... Annual Report, at 3 (Form 10-K, 2023); FTC analysis of NCPDP DataQ data. 70. FTC analysis of NCPDP DataQ data. Rural areas defined as “micropolitan” and “noncore” areas using USDA’s Rural Urban ...
PBMs made billions marking up specialty drugs by more than …
3 days ago · The Federal Trade Commission (FTC) on Tuesday released its second interim report on pharmacy benefit managers (PBM), saying the major industry middlemen generate billions in revenue through ...
Drug prices inflated by $7.3 billion, says FTC - USA TODAY
2 days ago · FTC report shows $7.3 billion in drug price inflation by leading pharmacy benefit managers ... The nation's three largest pharmacy benefit managers have significantly marked up the prices of ...
US FTC finds major pharmacy benefit managers inflated drug …
3 days ago · The nation's three largest pharmacy benefit managers have significantly marked up the prices of certain medicines, including for heart disease, cancer and HIV, at their affiliated pharmacies, the ...
FTC alleges PBMs cost consumers $7.3 billion marking up drug …
3 days ago · The FTC released a 60-page report Tuesday targeting the biggest three pharmacy benefit managers, claiming the companies hiked the prices of specialty drugs to generate $7.3 billion in revenue from ...
FTC Accuses Drug Managers Of Squeezing Patients And Pharmacies - Forbes
Jul 11, 2024 · In an interim report released this week, the commission accuses pharmacy benefit managers of raising patients’ out-of-pocket costs and driving independent pharmacies out of business, owing...
Second Federal Trade Commission Report on Pharmacy Benefit Managers ...
2 days ago · The Federal Trade Commission (FTC) released its second interim staff report “Specialty Generic Drugs a Growing Profit Center for Vertically Integrated Pharmacy Benefit Managers” as part of an ongoing study examining the practices of Pharmacy Benefit Managers (PBMs) within the U.S. healthcare system. This report highlights significant concerns about the pricing strategies of PBMs concerning ...
FTC releases second report slamming pharmacy benefit managers
4 days ago · The building of the Federal Trade Commission in downtown Washington D.C. The FTC has released its second report digging into how the business practices of pharmacy benefit managers could be ...
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