Happy 2017 to all of you working with PBMs! You made it through a tough 2016. By that I mean:

  • Increased PBM transparency

  • Constant pressure on lowering cost

  • Shorter-term contracts

  • Change in specialty drugs delivery and reimbursement models

  • Lower pharmacy reimbursements

In 2016, prescription drug prices rose an average of 7% (the largest increase in