The president said that part of his plan to cut costs includes getting rid of pharmacy benefit managers (PBMs), who are often described as "middlemen" because they act as the intermediary between ...

May 15 (Reuters) - Bankrupt U.S. pharmacy chain Rite Aid on Thursday said it agreed to sell pharmacy assets from more than 1,000 store locations in separate transactions to CVS Pharmacy ...

If a pharmacy accepts patient insurance, and nearly all patients use insurance, then they have to work with middlemen called pharmacy benefit managers. The Iowa Pharmacy Association blames those ...