PBMs of UnitedHealth, Anthem Attract Spotlight in 2Q Earnings
July 25, 2019
Two managed care organizations with their own PBMs, one established and one just getting underway, put those entities in the spotlight during recent earnings calls. UnitedHealth Group led off MCOs’ reporting of second-quarter 2019 financial results with solid earnings once again driven by its subsidiary Optum — and OptumRx’s performance, including its strong selling season, figured heavily in management’s commentary during the July 18 earnings call. Six days later, Anthem, Inc. highlighted the accelerated launch of its PBM IngenioRx and announced its first external pharmacy win. Both companies raised their full-year outlooks based partly on PBM results.