Pharmaceuticals:
MEDICAID Rx PURCHASING POOL GROWING
Published on Wed Nov 06, 2013
The first multistate Medicaid drug purchasing pool, announced Feb. 20 by Michigan and Vermont, is getting bigger. South Carolina and Wisconsin have joined the compact, which seeks to use bulk purchasing power to achieve savings beyond the legally mandated Medicaid drug rebate. Other states such as Minnesota have also expressed interest. Virginia-based pharmacy benefit manager First Health Services Corp. will [...]