Day: March 9, 2011
Summary as we understand it:
Providers must publish their prices and cannot deviate from those prices unless the price represents a financial hardship to the patient in which case the provider can discount the price.
John Goodman Opines
In any other field, Jeffrey Brenner would be a millionaire. But because he’s in health care, he doesn’t know how he’s going to make ends meet. Like entrepreneurs in every market, Brenner thought outside the box. He discovered an ingenious way of lowering health care costs: focus on the “hot spots” of medicine — the high-utilizing, high spending patients — and solve their problems with unconventional care.
Walgreen To Sell PBM to Catalyst for $525,000,000
CHICAGO – Walgreen Co plans to sell its pharmacy benefit management business to Catalyst Health Solutions Inc in a $525 million cash deal that would allow Walgreen to focus on its drugstore and healthcare businesses.
Continue reading Walgreen To Sell PBM to Catalyst for $525,000,000