Medicaid insurer to dump CVS for Express Scripts in 2020

CareSource, an Ohio-based Medicaid managed care provider, announced Tuesday that it has fired CVS Caremark as its pharmacy benefit manager (PBM) and replaced the organization with Express Scripts, effective Jan. 1, 2020. Details on the contract were not disclosed. CareSource had used CVS as its PBM for more than a decade. In the partnership with Express Scripts, CareSource will create a new model called CareSource RxInnovations to help drive down drug prices, according to President and CEO Erhardt…
Source: bizjournals.com Health Care:Physician Practices headlines - Category: American Health Authors: Source Type: news