So what happens when a retail pharmacy chain and pharmacy benefits manager merge? [PBM's are used by your managed care company to handle the pharmacy benefits side of the insurance.]
CVS and Caremark are among the largest retail pharmacy chains and PBM's respectively. they also became one company in March of this year. So Walgreen's terminated their agreement over poor reimbursement. Nice try CVS/Caremark.
Physicians (and payors) take heed. Nobody told you to accept poor reimbursement. Reject the contracts and see what happens.
A war breaks out between retail chains , that's what.
CVS and Caremark are among the largest retail pharmacy chains and PBM's respectively. they also became one company in March of this year. So Walgreen's terminated their agreement over poor reimbursement. Nice try CVS/Caremark.
Physicians (and payors) take heed. Nobody told you to accept poor reimbursement. Reject the contracts and see what happens.
[UPDATE 12/5/07 1:45 PM: This is what happens.]