Downward Spiral of Walgreens & CVS Pharmacy 🏬

Walgreens plans to close 1,200 stores over the next 3 years. Meanwhile, CVS Pharmacy is laying off an additional 2,900 employees after having already closed 600 stores since 2022. What is happening?

For too long, these pharmacy chains thrived off the hidden games that happen behind the scenes. For example, taking advantage of spread pricing and rebate games. 

Employers who are still partnered with CVS Caremark, OptumRX, and Express Scripts deserve answers. Including, why has my broker not helped me understand the benefit of a transparent PBM? 

Maybe because brokers are getting big overrides? 🤔 

My mission is to bring transparency to our broken healthcare system!

Music by Alex Lambert.

Contact Justin via text 740-525-5259 or via email JFutrell@TrueNorthCompanies.com

I welcome the opportunity to hear your feedback from this episode!

Thanks again to my musically gifted friend Alex Lambert for the music. Also thanks to Kevin Asehan for the edits.