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PBM reimbursement practices are causing financial strain on small community pharmacies, leading patients to choose between them and Walmart.

1 report, 1 independent Updated Aug 18
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What happened

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PBM reimbursement practices are causing financial strain on small community pharmacies, leading patients to choose between them and Walmart.

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What this event is mainly about

How it developed

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  1. Fred's is closing locations across West Michigan, causing customers to transfer to Walgreens due to low reimbursement rates.Sub-event
  2. PBMs are reimbursing less than drug costs, forcing patients to choose between independent pharmacies and Walmart.1 source

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