We all know there are problems when it comes to filling prescription medication. From medication non-adherence to spiking drug costs, these problems don’t stem from a legacy model of pharmacy dispensation — they are, in fact, the product of an unwieldy healthcare system. Take, for example, an online flash poll…

As noted in our previous post, vertical integration has transformed and defined today’s PBM industry. Part 2 explores why this arguably hurts American consumers. A Novel Consolidation Holds Promise in the Pharmacy Benefit Manager Market Vertical integration has fully transformed and thoroughly defined the PBM industry. This concentration favors insurers, who are able to leverage negotiating power by aggregating their prescription…

The largest companies in American healthcare are multi-billion-dollar enterprises covering hundreds of millions of patient lives — yet despite interacting with them regularly, most people have never heard of them and may not even be aware of their existence. These companies are called Pharmacy Benefit Managers, or PBMs, and they…

Prescription discount cards have been around for well over three decades, but their popularity has spiked in the recent past. Also known as “cash savings cards,” they offer consumers a convenient way to save on out-of-pocket costs when purchasing prescription medications at their local pharmacy. The concept behind drug discounts…

Life is hard for an independent pharmacy owner. The list of challenges goes on and on, including, but not limited to, changing consumer expectations in a technology driven world, the broad challenges faced by all healthcare providers during COVID, the pharmacy benefit managers’ (PBM’s) grip on the pharmaceutical industry as…

This week marks the start of the First Annual Telehealth Awareness Week. This landmark event, established by The American Telemedicine Association, underscores the prominent role that telehealth now plays in our healthcare system. The purpose of Telehealth Awareness Week is to amplify the message that, “Telehealth is health,” and it…