Mar 31, 2023
More on Compliance & Legal
Top Stories: Ohio AG's lawsuit accuses PBMs of raising drug prices
The lawsuit criticizes PBM market consolidation, which has left the three largest PBMs in control of more than 75% of the market.
Photo: Jeff Lagasse/Healthcare Finance News
The attorney general of Ohio is accusing pharmacy benefit managers of illegally driving up drug prices. What are the details? We'll examine that and other issues in this week's Top Stories, including Better Therapeutics' recent layoffs and clinicians views on EHRs.
For more news and features from Jeff Lagasse, visit Healthcare Finance News.
In this episode:
- Ohio AG files suit against Express Scripts and others over drug prices
- Prescription digital therapeutics company Better Therapeutics announces layoffs
- What satisfied EHR users do differently
Talking points:
- The AG's lawsuit maintains collusion has been made possible by PBM market consolidation, which has left the three largest PBMs, including Express Scripts, in control of more than 75% of the drug market and the three next largest in control of much of the rest.
- The lawsuit also claims that pharmacies, especially independent pharmacies, have been strangled by nefarious PBM tactics.
- Better Therapeutics, a prescription digital therapeutics platform, has laid off approximately 35% of its workforce due to a cost reduction initiative.
- Highly satisfied clinicians see the EHR as an efficient tool essential to delivering better patient care, according to KLAS researchers.
Twitter: @JELagasse
Email the writer: Jeff.Lagasse@himssmedia.com
