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March 6, 2015

Recent Stories of Interest

From Drug Benefit News - It may have been a move no one saw coming, but the newly proposed acquisition of EnvisionRx by Rite Aid Corp. has industry analysts hailing the potential combination of a growing mid-market PBM and the nation’s third largest drugstore chain as a win-win for both sides, as well as for the plan sponsors that contract with EnvisionRx. Rite Aid on Feb. 11 said it plans to acquire EnvisionRx from global private investment firm TPG in a cash-and-stock transaction worth approximately $2 billion, which includes an expected future tax benefit of $275 million. Read more

CMS’s long-awaited final Medicare Advantage (MA) and Part D rule that was… Read more

Retail generic drug prices experienced record rates of inflation in 2014, putting… Read more

With the completion rate for comprehensive medication reviews (CMRs) proposed as a… Read more

From the Editor

Welcome to your Drug Benefit News subscriber-only Web page

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February 26, 2015
Catamaran Posts 4Q Results, Acquires PBM

Catamaran posts 4Q and full year 2014 results, unveils plan to acquire PBM client Healthcare Solutions. http://www.catamaranrx.com/Investors/

February 11, 2015
Rite Aid Will Acquire Envision

Rite Aid says it will acquire Envision Pharmaceutical in a deal valued at $2 billion; both boards unanimously approve deal http://tinyurl.com/nzvledu

February 10, 2015
CVS Health Posts 4Q Results

CVS Health posts 2014 earnings; pharmacy services revenue grew 21.7% to $23.9 billion in the fourth quarter. http://tinyurl.com/qb62yv9

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