Trump Administration Halts Rebate Rule, PBMs Rejoice Thursday's announcement by the Trump administration that it was pulling back on its proposed drug rebate rule garnered strong support from pharmacy benefit managers (PBM). JC Scott, CEO of the Pharmaceutical Care Management Association, applauded the withdrawal of the policy, and the momentum carried over on to Wall Street. Cigna, UnitedHealth Group, CVS Health, and Anthem, all of which own a PBM, saw their respective stocks rise during morning trading. Time is running out: Our 2019 CFO Exchange held at the American Club in Kohler, Wisconsin from August 7 - 9, is getting closer! If you're the CFO of a health system and interested in attending, follow the link here for an invitation. Also, if you haven't already, please take a few minutes to complete this quick survey about financial leadership content and enter for chance to win a free prize! |