Tyson Foods Drops CVS Health's Pharmacy Benefits Manager, CNBC Reports
--Tyson Foods dropped CVS Health's pharmacy benefits manager Caremark after putting its benefits contract up for bid, CNBC reports.
--Tyson instead opted for startup Rightway, which says it can save employers 15% on pharmacy costs with its transparent model.
--Tyson said it made the decision as it saw pharmacy costs rise sharply.
Full article at https://www.cnbc.com/2024/01/24/tyson-foods-drops-cvs-picks-rightway-pharmacy-benefit-manager.html
Write to ben.glickman@wsj.com; @benglickman
(END) Dow Jones Newswires
January 24, 2024 11:09 ET (16:09 GMT)
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