The takeover comes as sales of BMS's blood cancer drug Revlimid, its 3rd-largest revenue driver, withered in the face of generic rivals and its blockbuster Opdivo is also scheduled to face competition from generics later this decade.
Last week, reports of people being denied insurance coverage for the new vaccines surfaced as the shots were being rolled out to pharmacies, however, insurers have assured HHS Secretary Becerra they are "fully covering" the shots.
The Federal Trade Commission, which is reviewing the business practices of the largest PBMs – including CVS, Express Scripts, OptumRx, and Humana – grilled two nominees on the subject at their confirmation hearing.
The pharmacy chain continues to expand its reach with more regions and patients by allowing tech firm Pearl Health – which operates in 29 states – to help primary care physicians manage value-based care.
There are still many questions about how to integrate artificial intelligence into health care systems, however, the race is on: The Mayo Clinic is integrating a chatbot into its system.
Everyone over the age of 6 months should get the latest COVID-19 booster, a CDC panel recommended Tuesday, which legally obligates commercial insurance coverage of adult vaccines.
The CDC committee, which sets U.S. vaccination policy and helps determine insurance coverage for vaccines, will vote on the question Tuesday as it weighs the benefits of updated vaccines from Pfizer, Moderna, and Novavax.