FTC expands PBM investigation to include rebate negotiators
The Federal Trade Commission, which this week sued to block Amgen’s $28 billion buyout of Horizon, is simultaneously expanding its probe into dubious practices from pharmacy benefit managers by going after two group purchasing organizations (GPOs) that negotiate drug rebates on behalf of PBMs.
The compulsory orders issued by the FTC will require Zinc Health Services, which is the GPO or rebate aggregator for CVS Caremark, and Ascent Health Services, which is the GPO for PBMs Express Scripts, Prime Therapeutics, Envolve Pharmacy Solutions, and Humana Pharmacy Solutions, to provide more information and records on their business practices.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.