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From Drug Benefit News - During its Aug. 8 second-quarter earnings call, CVS Health Corp. — the nation’s largest PBM covering nearly 90 million members — said it aims to return to healthy earnings growth by “partnering more broadly” with other PBMs and plans. Citing its ongoing work with payers to drive volume and capture market share, CVS Health highlighted its partnership with OptumRx launched in July to provide a “90-day retail solution” to OptumRx’s administrative-services only (ASO) clients. CVS also underscored its collaboration announced in June with Cigna Corp., aligning Cigna-administered health benefits with CVS pharmacies and MinuteClinics (DBN 7/14/17, p. 3). Read more
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