Evernorth invested in a former business unit of Walgreens.
1 report, 1 independent
Updated Sep 2
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What happened
Evernorth invested in a former business unit of Walgreens.
Who's involved
What this event is mainly aboutKeep exploring
Part of
CVS Health, UnitedHealth Group, and Walgreens collectively control over half of U.S. prescription revenue, dominating the market share alongside other large operators.Also in this story
- PBMs handle 80% of prescriptions in the US.
- Walgreens is preparing to go private this year, while David Joyner has been appointed CEO of CVS Health.
- Advocates including Mark Cuban, Elizabeth Warren, and Josh Hawley are pushing for a 'Break Up Big Medicine' bill, citing regulators' failure to curb market consolidation.
The entities involved
Coverage
Newest first; wire copies grouped- Healthcare DiveCigna’s Evernorth invests $3.5B in ex-Walgreens specialty pharmacy This story was originally published on Healthcare Dive. To receive daily news and insights, subscribe to our free daily Healthcare D