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FTC Deepens Inquiry into Prescription Drug Middlemen

(7 days ago) WEBMedia Contact. Victoria Graham. Office of Public Affairs. 415-848-5121. As part of its ongoing inquiry into pharmacy benefit managers (PBMs) and their impact on the accessibility and affordability of prescription drugs, …

https://www.ftc.gov/news-events/news/press-releases/2023/05/ftc-deepens-inquiry-prescription-drug-middlemen

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On heels of Amgen lawsuit, FTC broadens investigation of PBMs

(6 days ago) WEBZinc Health Services, founded in 2020, and Ascent Health Services, founded in 2019, will have 90 days to respond after receiving the orders, the FTC said Wednesday. Zinc negotiates rebates with drugmakers on behalf of CVS Caremark, while Ascent works with Express Scripts, Prime Therapeutics, Envolve Pharmacy Solutions …

https://www.biopharmadive.com/news/ftc-pbm-investigation-zinc-ascent/650619/

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FTC adds a third GPO to its PBM investigation - Fierce Healthcare

(2 days ago) WEBThe order follows similar missives sent to two other GPOs, Zinc Health Services and Ascent Health Services, last month. Emisar negotiates rebates with drugmakers on behalf of Optum Rx, a

https://www.fiercehealthcare.com/payers/ftc-adds-third-gpo-its-investigation-pharmacy-benefit-managers

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FTC Expands PBM Investigation to PBM-Owned Rebate …

(4 days ago) Rebate Aggregators and Their RoleFTC Investigation FocusImpact of Including Rebate AggregatorsLegislative Reform and Federal CommitmentEnsuring Proper Utilization of RebatesThe FTC’s initial investigation, launched in June 2022, aimed to unravel the facts behind the PBMs’ role in setting sky-high prescription drug prices. The secrecy behind rebates is mainly because of the vertical integration of PBMs, the country’s largest health insurance companies, Rebate Aggregators, and wholly-owned mail order and specialty pharmSee more on frierlevitt.comNews about Ascent Health Services bing.com/newsCleveland Jewish News · 10dThrive Peer Support co-founder, CEO named president of Ohio Alliance of Recovery ProvidersThe Ohio Alliance of Recovery Providers, an organization of 39 substance use disorder providers, recently elected Ben Bailys, co-founder and CEO of Thrive Peer Support as …

https://www.frierlevitt.com/articles/ftc-expands-pbm-investigation-to-pbm-owned-rebate-aggregators-gpos/

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Ascent Health Services

(7 days ago) WEBThe Ascent structure allows for participants to combine their utilization base to achieve deeper rebates than if they were negotiating on just their own. Ascent leverages market intelligence and develops strategies that provide health plans with more competitive coverage. Edward Adamcik. President, Ascent Health Services.

https://www.ascenthealthservices.com/

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FTC Escalates Pharmacy Benefits Manager Probe With Info Order

(1 days ago) WEBReporter. The Federal Trade Commission ordered drug purchasing companies Zinc Health Services and Ascent Health Services to provide information on their business practices, escalating the agency’s investigation into pharmacy benefit managers. Zinc operates as a “group purchasing organization” that negotiates drug …

https://news.bloomberglaw.com/antitrust/ftc-escalates-pharmacy-benefits-manager-probe-with-info-order

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FTC expands probe into pharmacy benefit managers to GPOs

(2 days ago) WEBThe FTC said late Wednesday that the orders will require Zinc Health Services and Ascent Health Services to provide key details and information on their business practices. Last summer, the agency

https://www.fiercehealthcare.com/regulatory/ftc-expands-probe-pharmacy-benefit-managers-gpos

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The GPO Spectra: Why ASCENT and ZINC Are the Defining PBM …

(6 days ago) WEBAscent grew in early 2020 when ESI/Cigna and Prime Therapeutics announced a partnership where pharmacy benefit rebate contracting for Prime would move to Ascent. The change brought millions more lives under the negotiating leverage of Ascent. Not to be outdone, CVS announced the launch of its own GPO, Zinc, in 2020.

https://www.precisionallaccess.com/the-gpo-spectra-why-ascent-and-zinc-are-the-defining-pbm-story-of-2020/

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PBMs are Creating GPOs, and Stirring Debate as to Why

(Just Now) WEBIn 2019, Express Scripts PBM (pharmacy benefit manager) formed Ascent Health Services GPO (group purchasing organization), based in Switzerland. In 2020, CVS Caremark formed Zinc GPO. And in 2021, OptumRx formed Emisar Pharma Services, based in Ireland.

https://www.managedhealthcareexecutive.com/view/pbms-are-creating-gpos-and-stirring-debate-as-to-why

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Swiss-based drug pricing scheme affecting Ohio - NBC4 WCMH-TV

(7 days ago) WEBIt formed a separate “group purchasing organization” called Ascent Health Services, which was supposed to take over Express Scripts’ pricing and rebate negotiations with drug manufacturers.

https://www.nbc4i.com/news/local-news/swiss-based-drug-pricing-scheme-affecting-ohio-attorney-general-says/

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Humana Joins Cigna’s Drug Buying Group Ascent Health Services

(3 days ago) WEBAscent Health Services (Ascent Health) is a pharmaceutical group purchasing organization that is part of Evernorth, a subsidiary of Cigna Corporation.. Humana has agreed to join Ascent Health in a move that the health insurer says will help drive down its drug costs for its commercial members. Beginning April 1, Humana will …

https://accessmarketintell.com/2021/02/02/humana-joins-cignas-drug-buying-group-ascent-health-services/

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FTC intensifies PBM inquiry Modern Healthcare

(2 days ago) WEBFTC orders records from Zinc Health, Ascent Health as PBM probe widens. Victoria Turner. Reprints. MH Illustration. The Federal Trade Commission expanded its inquiry into pharmacy benefit managers

https://www.modernhealthcare.com/politics-policy/ftc-pbm-inquiry-gpo-zinc-health-services-ascent-health-services

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FTC Targets Two GPOs in PBM Investigation

(7 days ago) WEBThe Federal Trade Commission (FTC) is deepening its investigation into PBM business practices, issuing compulsory orders to two group purchasing (GPOs): Zinc Health Services, operated by CVS Caremark, and Ascent Health Services, the GPO for Express Scripts, Prime Therapeutics, Envolve Pharmacy Solutions, and Humana …

https://www.formularywatch.com/view/ftc-targets-two-gpos-in-pbm-investigation

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Cigna's PBM, two others sued in Ohio over drug price fixing

(Just Now) WEBAscent, created by Express Scripts in 2019, bills itself as performing the same kind of negotiating services as traditional PBMs to help health plans get lower costs.

https://www.reuters.com/business/healthcare-pharmaceuticals/cignas-pbm-two-others-sued-ohio-over-drug-price-fixing-wsj-2023-03-27/

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How Cigna’s Growing Pharmacy Platform Expands Its Channel Power

(8 days ago) WEBFor example, Ascent Health Services is gaining scale to extract greater rebates and fees from brand-name manufacturers and deeper purchasing discounts from generic manufacturers. Ascent now handles rebate negotiations for Express Scripts’ PBM business, Prime Therapeutics, Kroger Prescription Plans, and Humana’s commercial …

https://www.drugchannels.net/2021/05/how-cignas-growing-pharmacy-platform.html

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Ascent Health Services LinkedIn

(5 days ago) WEBAscent Health Services. 804 followers. 2mo. As proud sponsors of the recent Healthcare Businesswomen’s Association event in Zurich/Zug, we are thrilled to have shared an evening full of insights

https://www.linkedin.com/company/ascent-health-services

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Ascent Health Services - Products, Competitors, Financials, …

(7 days ago) WEBAscent Health Services specializes in pharmaceutical rebate negotiation and strategic drug management for the healthcare sector. Use the CB Insights Platform to explore Ascent Health Services's full profile. Latest Ascent Health Services News. CVS Caremark partners with GoodRx to expand low-cost drug access. Jul 12, 2023.

https://www.cbinsights.com/company/ascent-health-services

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Cyberattack disrupts operations at major US health care network

(6 days ago) WEBA cyberattack has disrupted “clinical operations” at major health care nonprofit Ascension, forcing it to take steps to minimize any impact to patient care, an Ascension spokesperson told CNN

https://www.cnn.com/2024/05/08/tech/cyberattack-disrupts-healthcare-network/index.html

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Startup PBMs' ties to legacy competitors spark transparency …

(9 days ago) WEBAscent's customers include WellDyne, a startup PBM similarly marketing more transparent operations; Prime Therapeutics, a pass-through PBM used by 18 BCBS plans; and Kroger's independent PBM.

https://www.modernhealthcare.com/group-purchasing-organizations/startup-pbms-ties-legacy-competitors-spark-transparency-questions

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I drove a $50,000 Subaru Ascent SUV. These were my 14 favorite

(8 days ago) WEBThe Subaru Ascent is a midsize, all-wheel-drive, three-row family SUV. I recently reviewed a $50,000 2024 Subaru Ascent in the Touring trim. I loved the Subaru Ascent's powerful engine

https://www.yahoo.com/news/drove-50-000-subaru-ascent-143313249.html

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Why You need Ascent Health Solution Services?

(4 days ago) WEBWhy do healthcare providers choose Ascent? We are shattering barriers that hold healthcare providers back from consistently meeting financial goals, delivering patient excellence and achieving operational harmony. Our tech-driven approach backed by 25 years of expertise paves the way for sustainable revenue growth, elevated patient …

https://www.ascenthealthcare.com/why-ascent/

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Patients with private insurance can face higher health costs

(8 days ago) WEBHealth news Hospitals charged private insurers over 250% more than Medicare, according to a new report from the Rand Corp. In 2022, hospital services accounted for 42% of health care spending for

https://www.nbcnews.com/health/health-news/private-insurers-patients-can-face-higher-health-costs-hospitals-rcna151951

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The Best Reason to Take Social Security Long Before Age 70

(4 days ago) WEBFounded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our

https://www.fool.com/retirement/2024/05/17/the-best-reason-to-take-social-security-long-befor/

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Ascent Solar Technologies Receives Firm Order of Thin-Film PV …

(5 days ago) WEBTHORNTON, Colo., May 14, 2024 (GLOBE NEWSWIRE) -- Ascent Solar Technologies, (Nasdaq: ASTI) (“ASTI” or the “Company”), the leading U.S. innovator in the design and manufacture of

https://finance.yahoo.com/news/ascent-solar-technologies-receives-firm-125500740.html

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Eva Lawler puts NT Health on notice after department budget …

(6 days ago) WEBIn short: The latest NT budget has revealed its health department overspent by more than $200 million in the current financial year. Chief Minister Eva Lawler has called for the spending to be

https://www.abc.net.au/news/2024-05-15/nt-health-department-budget-blow-out-government/103849166

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California's Medicaid experiment, CalAIM, leans on nonprofits to …

(1 days ago) WEBThe state covers basic services for vulnerable residents, including things like air purifiers for kids with asthma. But nonprofits offering the services struggle to work within the health care system.

https://www.npr.org/sections/health-shots/2024/05/14/1251004146/california-medicaid-experiment-calaim-medi-cal-nonprofits

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Bergen County health center permanently closing due to COVID

(8 days ago) WEBBergen County to permanently close Rockleigh nursing home in wake of COVID pandemic. Lindy Washburn. NorthJersey.com. 0:00. 1:13. The Bergen County Health Care Center in Rockleigh, a 110-bed

https://www.northjersey.com/story/news/health/2021/07/16/bergen-county-health-care-center-closing-nj-covid/7991813002/

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UK Mountaineer Logs Most Everest Climbs by a Foreigner, Nepali …

(3 days ago) WEBRakesh Gurung, director of Nepal's Department of Tourism, said Britain's Kenton Cool, 50, and Nepali guide Kami Rita Sherpa, 54, climbed the 8,849-metre (29,032 foot) peak for the 18th and 29th

https://www.usnews.com/news/world/articles/2024-05-12/uk-mountaineer-logs-most-everest-climbs-by-a-foreigner-nepali-makes-29th-ascent

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State of New Jersey

(4 days ago) WEBThe mission of the Division of Consumer Affairs, within the Department of Law and Public Safety, is to protect the public from fraud, deceit, misrepresentation and professional misconduct in the sale of goods and services in New Jersey through education, advocacy, regulation and enforcement. The Division pursues its mission …

https://www.nj.gov/oag/newsreleases20/pr20200811c.html

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NWBRHC – NORTHWEST BERGEN REGIONAL HEALTH COMMISSION

(9 days ago) WEBFollow Our Latest Health Related News & Updates. View Latest News; WHO WE SERVE. See the List of the Communities we serve. See the List; Vital statistics and other non-emergent services are being handled BY APPOINTMENT ONLY. In the event of an after-hours public health emergency, please call 201-885-3572.

https://nwbrhc.org/

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An EMS shortage forced this N.J. county to form its own unit. ‘We …

(7 days ago) WEBBergen County Emergency Medical Services started taking calls Feb. 9, less than three months after officials formed a group to determine how to help municipalities struggling to respond to

https://www.nj.com/bergen/2023/03/an-ems-shortage-forced-this-nj-county-to-form-its-own-unit-we-are-saving-lives.html

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Walmart's strong first quarter driven by - Associated Press News

(7 days ago) WEBBut Walmart is scaling back in areas where it has not done well and said last month that it would close its health centers and virtual care service. Walmart reported profits of $5.10 billion, or 63 cents per share for the quarter ended April 30. That compares with $1.67 billion, or 21 cents per share, in the same period last year.

https://apnews.com/article/walmart-firstquarter-earnings-inflation-economy-2dc446f6df16aa8c1cfc76df81a9ae1f

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New report reveals Michigan teacher salaries lag national averages

(7 days ago) WEBHealth and Safety. MSU Police; Olin Health Center; Counseling and Psychiatric Services; Health4U; MSU Health Care Inc. Civil Rights and Title IX; Our Commitment; The Center for Survivors; Annual Safety Report; University Policy on Relationship Violence and Sexual Misconduct; Notice of Nondiscrimination, Anti-Harassment and Non-Retaliation

https://msutoday.msu.edu/news/2024/new-report-reveals-michigan-teacher-salaries-lag-national-averages-public-supports-increases

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Flowers, socks and sparkling wine: Queen Camilla reveals some of …

(7 days ago) WEBThe seven companies chosen by Camilla are among 145 previously selected by King Charles III when he was Prince of Wales, which have now had their warrants renewed following his ascent to the throne.

https://www.cnn.com/2024/05/16/uk/queen-camilla-royal-warrants-intl-scli-gbr/index.html

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Q&A: What To Know as New TRICARE Contracts Begin in 2025

(7 days ago) WEBA: How you get your health care won’t change for the rest of 2024. The same regional contractor will continue managing your health plan through Dec. 31, 2024: East Region: Humana Military; West Region: Health Net Federal Services, LLC; Starting in fall 2024, you’ll receive communications from DOD and the new TRICARE contractors for …

https://newsroom.tricare.mil/News/TRICARE-News/Article/3776346/qa-what-to-know-as-new-tricare-contracts-begin-in-2025

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Peru Chooses Bigotry in Medical Services Human Rights Watch

(3 days ago) WEBPeru’s government published a presidential decree on May 10 classifying trans identities as mental health conditions in the country’s Essential Health Insurance Plan, which lists insurable

https://www.hrw.org/news/2024/05/15/peru-chooses-bigotry-medical-services

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