PHARMACY BENEFIT MANAGEMENT MARKET ANALYSIS
Key Developments
Key players in the market are focused on launching new pharmacies and benefit programs to expand their market share. For instance, in August 2019, Accredo, a specialty pharmacy, started a new, full-service pharmacy for residents of Hawaii who require additional clinical and administrative support for their complex treatments and medications.
Similarly, in July 2019, Aetna, a CVS Health company, started offering fully insured health care network options to its Preferred Product Organization (PPO), Exclusive Product Organization (EPO), and Health Maintenance Organization (HMO) product portfolios through Aetna Whole HealthSM - Southern California.
In April 2019, Express Scripts, a pharmacy benefit managers, and Appriss Health, provider of prescription drug monitoring platform, developed a Prescription Drug Monitoring Program (PDMP) for the Military Health System (MHS).
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