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The drug plans provide pharmacy benefits, but do not pay for doctors or hospitals.
The CVS Caremark Corporation won a $3 billion contract to provide pharmacy benefits to federal employees, easing concern that the company is losing business to rivals.
Caremark has won its bid for a huge deal to provide pharmacy services for local government employees, a contest in which Walgreen Co. withdrew after an executive illicitly obtained Caremark's bidding data.
As part of the deal, Express Scripts will also enter a 10-year contract with WellPoint to provide pharmacy benefit services to the health plan, and Ms. Braly said that employers would still be able to have their medical and drug costs managed in an integrated fashion.
A Walgreen Co. executive improperly took a competitor's confidential financial data, forcing the drugstore giant to withdraw from the bidding for a lucrative contract to provide pharmacy services for the City of Chicago and most local government agencies, the Chicago News Cooperative has learned.
To provide pharmacy students with an opportunity to develop entrepreneurial thinking and skills.
Similar(50)
Caremark, based in Northbrook, has provided pharmacy benefits services to local governments for years.
In 1993, Mr. Scrushy founded MedPartners, which in 1996 bought Caremark, a company that at the time managed the practices of 1,000 doctors and provided pharmacy benefits management.
However, Express Scripts is the only company providing pharmacy benefits to New York's civil service employees, and the company was informed recently of Mr. Spitzer's intent to sue.
It also provides pharmacy services to hospitals and other healthcare facilities.
Omnicare provides pharmacy services to residents of long-term care facilities (i.e., nursing homes).
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CEO of Professional Science Editing for Scientists @ prosciediting.com