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Congress grilled little-known middlemen over the high cost of prescription drugs. Here’s how they defended themselves.

Pharmacy benefit managers are defending the tactics they use to keep prescription drug costs down and pointing the finger back at Big Pharma.

Dispensed: Venture-backed insurance startup Bright Health’s 2018 results, a dispute between 2 drug giants, and the quest for a male birth contro...

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JPMorgan CEO Jamie Dimon.

The biggest healthcare investor conference starts on Monday — here are the top 5 areas we’re keeping an eye on

The J.P. Morgan Healthcare Conference kicks off Monday. From Amazon's healthcare ambitions, to the next mega-merger, here's what we expect to hear about.
Cigna CEO David Cordani struck a massive deal this year.

Cigna is closing its $67 billion deal with Express Scripts, creating a new healthcare giant

Cigna is set to complete its deal for pharmacy benefits manager Express Scripts. The deal gives Cigna more control over its customers' prescriptions.

Healthcare deals hit an all-time record in 2018. See the 7 biggest tie-ups that could change how we buy drugs and treat diseases.

A record $421 billion in healthcare deals have been announced this year. A global pharma deal and a US insurance merger are among the largest.
Cigna CEO David Cordani speaking at CNBC’s Healthy Returns conference on March 28.

2 massive healthcare deals just got approved by the DOJ — and they will change healthcare as we know it

BI PRIME: Cigna + Express Scripts. Aetna + CVS Health. The mega-deals, once officially closed, will redraw the healthcare industry as we know it,  giving health plans a lot more control over who's paying for prescription drugs.
Cigna CEO David Cordani

The DOJ just approved Cigna’s $67 billion merger with Express Scripts

The Department of Justice just cleared Cigna's $67 billion merger with Express Scripts. The deal combines a health insurer and a company that helps negotiate lower prices for prescription drugs in the form of rebates on behalf of health plans. It's expected to close by the end of 2018.
CVS Health President and CEO Larry J. Merlo

The DOJ is reportedly close to approving 2 healthcare megamergers

The Department of Justice is getting close to approving two healthcare megamergers, The Wall Street Journal reported Wednesday.  Express Scripts was up as much as 4% on the report, while Cigna, Aetna, and CVS all gained at least 1%.
Kaiser Permanente CEO Bernard J. Tyson speaks on a panel in 2015.

The CEO of a company often called the future of healthcare reveals why medical care is moving into homes and out of hospitals

The lines around what defines a healthcare company have been changing drastically. As companies merge, they're betting that the future of healthcare will no longer be at the hospital but at pharmacies, and eventually, at home.
Cigna CEO David Cordani

The $67 billion Cigna-Express Scripts merger just passed a key hurdle

Cigna and Express Scripts shareholders have voted to approve the companies' $67 billion merger.  The deal combines a health insurer and a company that helps negotiate lower prices for prescription drugs in the form of rebates on behalf of health plans.