First question out of the barrel might be “how can that be”. It’s really not too difficult to figure out. A short while back United Healthcare bought a pharmacy benefit manager named Catamaran, and actually took on $10 billion in debt to acquire them. This…
Continue ReadingHow many people know that Optum has a bank? They don’t offer any retail services outside of an Health Savings Account to the public but many companies offer this for people who have a high deductible health insurance policy. You can Argus Analytics Produces…
Continue ReadingSo let’s get down to what’s really happening here. Once upon a time the PBM models were a different type of creature but as time moved on they became less about a better and affordable price for prescriptions and more about and algorithmic machine to create …
Continue ReadingHere we go again. If you haven’t figured this out yet, when you buy a Cigna Health insurance policy you get a two for one with 2 insurers. Cigna provides the insurance benefits and then it’s pharmacy benefit manager, PBM OptumRX (biggest revenue sector subs…
Continue ReadingWe all know the home drug infusion business is growing as companies send out technicians and clinical personnel to administer treatments at home versus making a trip to the hospital or to the doctor’s office. This is yet one more subsidiary added to the app…
Continue ReadingThis should not really come as a big surprise as what hasn’t the pharmacy benefit managment business touched? So what is Patients Who Pay “Cash” When Filling Prescriptions Are Now Called “outliers, Pharmacists Required to Fix outliers as They Show Up As Non …
Continue ReadingAs we may all know Cigna is working to be acquired by Anthem, which would be a huge acquisition. As you may or may not know, Cigna’s pharmacy benefit manager now is OptumRX, the PBM subsidiary of United Healthcare. This occurred when Optum purchased Catamar…
Continue ReadingWe know Optum Labs is there to make money, selling slots to drug, device companies and others to have the “use” of mining their data. So far all we have had of any significance reported is the same thing Kaiser reported from their registry information on hip…
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