Pharmacy benefit managers Abarca Health and LucyRx are merging to form Healthcare Revolution Partners, aiming to create an alternative to the three largest PBMs in the U.S. This consolidation comes amid increased regulatory scrutiny and rising administrative costs, which disproportionately affect smaller PBMs. Industry analysts predict further consolidation in the PBM market over the next five years due to these pressures. AI
RANK_REASON Merger of two PBMs creating a new entity to compete with larger players, driven by regulatory and market pressures. [lever_c_demoted from significant: ic=1 ai=0.0]
- Abarca Health
- Adam J. Fein
- Caremark
- CVS Health
- David Blair
- Drug Channels Institute
- Express Scripts
- Federal Trade Commission
- Healthcare Revolution Partners
- Humana Pharmacy Solutions
- Jason Borschow
- LucyRx
- MedImpact Healthcare Systems
- OptumRx
- Prime Therapeutics
- Cigna
- UnitedHealth Group
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