Pharmacy benefit managers are the middlemen in the prescription drug market. The Federal Trade Commission reports the revenue of four PBMs exceeds $1 trillion and they control 86% of the market.

CVS's app is designed as a one-stop shop for customers to do everything from manage prescriptions to opening locked display ...

Pharmacies across Oklahoma say they are losing hundreds of thousands of dollars because they say a company, CVS Caremark, is supposed to reimburse them for prescriptions and isn't holding up their end ...

Healthcare stocks have been under the weather for the past few years, underperforming the broader market’s rally despite ...

If you've ever shopped at CVS and had to wait while an employee shows up to unlock a cabinet so you could get a bottle of ...

CVS Health is rolling out a new customer app that aims to make it simpler and more convenient for users to manage health ...

If you've ever been frustrated while shopping at your local pharmacy, you're hardly alone — but now CVS has devised a plan to ...

Attorney General Gentner Drummond sued CVS Caremark in an Oklahoma administrative court alleging that the company is under reimbursing pharmacies for prescription drugs.

Independent drugstores are closing at an alarming rate, squeezed by the huge companies that reimburse pharmacies for costly ...

In the lawsuit, AG Gentner Drummond outlined 200 individual prescription claims that were reimbursed below acquisition cost ...