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Overpaying for Medicine
  + stars: | 2024-06-21 | by ( Reed Abelson | Rebecca Robbins | ) www.nytimes.com   time to read: +1 min
But there’s another reason: middlemen known as pharmacy benefit managers, or P.B.M.s. But in their quest for higher profits, they are quietly driving up prescription drug costs. Your pharmacy benefit manager is often invisible to you unless you’re having trouble filling a prescription. (You probably rely on one of the big three: CVS Health’s Caremark, Cigna’s Express Scripts or UnitedHealth Group’s Optum Rx.) Today, we published a story about these companies, how they affect drug spending and how they amassed so much control with so little transparency.
Persons: you’re Organizations: Cigna’s
Walgreens Boots Alliance names Tim Wentworth new CEO
  + stars: | 2023-10-11 | by ( Rob Mclean | ) edition.cnn.com   time to read: +1 min
New York CNN —Walgreens Boots Alliance said Tuesday that it has named Tim Wentworth its new CEO. Wentworth will begin the position on October 23, according to a news release, and will also join the WBA board of directors. We are confident he is the right person to lead WBA’s next phase of growth into a customer-centric healthcare company.”In September, former WBA CEO Rosalind Brewer stepped down less than three years after taking the helm of the pharmacy chain. Brewer also immediately stepped down as a member of the company’s board. Walgreens’ board named Ginger Graham, a member of the board, as interim CEO.
Persons: Tim Wentworth, Wentworth, , ” Wentworth, Evernorth, Stefano Pessina, Wentworth “, Rosalind Brewer, Brewer, Ginger Graham Organizations: New, New York CNN, Walgreens Boots Alliance, WBA, Board, Express, Human, , Fortune, Walgreens Locations: New York
I really feel I’m taking care of this place,” Biagiotti Cigna said in a recent interview with The Associated Press inside the castle walls. “There was so much energy here in the Renaissance and I really feel that the Ryder Cup is a new renaissance for Marco Simone,” Biagiotti Cigna said. “We cannot handle having so many visitors — 300,000 people is a little too complicated to handle,” Biagiotti Cigna said. “But right after the Ryder Cup, visitors who come and play Marco Simone, by booking in advance, will be able to visit the fashion house as well. “(After) the Ryder Cup there will be an opportunity to embrace a new experience of golf, culture, fashion, food and archeology.”___
Persons: GUIDONIA MONTECELIO, , Marco Simone, Lavinia Biagiotti Cigna, Biagiotti, ” Biagiotti Cigna, Simone dei Tebaldi, Galileo Galilei, Biagiotti Cigna, , ” Biagiotti, Delia, , Delia Soldaini Biagiotti, Laura Biagiotti, It’s, Lara Arias, Henrik Stenson, Luke Donald, Stenson, LIV, Cigna Organizations: Associated Press, sport’s, Ryder Locations: Italy, Rome, Italian, China, Saudi
The Mark Cuban Cost Plus Drug Company negotiates directly with drugmakers. So far, that's been the strategy for the Mark Cuban Cost Plus Drug Company. In October, Cost Plus Drug Company announced a partnership with Capital Blue Cross. Cuban said he wanted Cost Plus Drug Company to be as transparent as possible on pricing. Cost Plus Drug Company is considering a test program for insulin that would offer a 90-day supply of insulin, or a total of 12 vials, for $170.
Heightened Cyber Threat Brings CIOs, CISOs Closer
  + stars: | 2022-09-30 | by ( Isabelle Bousquette | ) www.wsj.com   time to read: +4 min
In a year of high-profile cyberattacks, chief information officers say cybersecurity has sprinted up their agenda and got them working more closely than ever with chief information security officers. Her goal is to foster a culture of cyber preparedness across the company, including ensuring staff are educated about risks. Noelle Eder, chief information officer at Cigna. While compensation is growing for both the CIO and CISO roles, Mr. Stephenson said it is growing faster for CISOs. “We really need to be working together to think about ways we can better secure information,” Mr. Vidoni said.
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