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Cardinal Health’s stock falls after company says contract with OptumRx will not be renewed after June
It expects to offset the loss of the OptumRx contract with new customer wins, specialty growth and other actions. About 90% of its 2023 sales to OptumRx were non-specialty bulk shipments to the ...
Hosted on MSN11mon
Drug Distributing Giant Cardinal Health Will Not Renew OptumRx Distribution Pact, Stock Plunges
Despite the nonrenewal of the OptumRx contracts, Cardinal Health reiterated its Pharmaceutical and Specialty Solutions long-term segment profit CAGR target of 4%-6% and its consolidated non-GAAP ...
Fierce Healthcare11d
Optum Rx to reduce reauthorizations on 80 drugs
Optum Rx announced on Wednesday that it will eliminate up to 25% of reauthorizations, initially focusing on 80 drugs. | Optum ...
Managed Healthcare Executive11d
Optum Rx Ends Reauthorization for Many Chronic Disease Drugs
Optum Rx has eliminated reauthorization for almost 70 drugs for chronic diseases, about 10% of its overall pharmacy prior ...
HME News6d
Optum Rx says it’s looking to ‘correct imbalances’
Optum Rx will align payment models more closely to the costs pharmacies may face due to manufacturing pricing actions effective immediately and with full implementation by January ...
TMCnet11d
Optum Rx Further Simplifies Consumer Access to Prescription Drugs
Optum Rx is committed to making prescription drugs more affordable and the pharmacy experience simpler for consumers with chronic conditions, eliminating up to 25% of reauthorizations, which is equal ...