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EXPLAINED: Accredo | Vintage Vibes

Tennessee Law Barring PBMs From Owning Pharmacies Faces Three Federal Lawsuits as CVS Warns 134 Stores Could Close

Tennessee's FAIR Rx Act would separate pharmacy benefit managers from pharmacies by 2028, but lawsuits from CVS, Express Scripts and the PBM industry could block the law.

Medical Daily · Nov 5

Cigna invests $100 million in new AI-powered specialty pharmacy program

Cigna's Evernorth has unveiled Pharmacy Forward, an AI-driven specialty pharmacy program backed by a $100 million investment. This initiative, starting with Accredo, aims to slash prescription processing times and enhance patient care by reducing clinician documentation by up to 50%. The program is set to deliver significant value, with plans…

The Economic Times · Jul 1

Here's Why RBC Capital Raised Price Target On Cigna

Cigna Corp (NYSE:CI) posted 1Q22 adjusted EPS well above expectations on enterprise-wide growth, with a particularly solid performance in specialty pharmacy and better than expected MCR on lower testing and treatment costs. The company raised FY22 guidance on 1Q outperformance. The analysts raised the price target to $272 from $235, with a Sector Perform rating. …

Benzinga · May 9, 2022

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