With PBM Investment, Costco Makes Foray Into Health Care

March 12

On March 3, St. Louis, Mo.-based integrated health system SSM Health revealed that Costco Wholesale Corp. purchased a minority stake in Navitus Health Solutions, the health system’s PBM that includes specialty pharmacy subsidiary Lumicera Health Services.

Ashraf Shehata, KPMG’s national sector leader for health care and life sciences, says this move is driven by a political push for greater drug price transparency, in particular with specialty pharmacy and branded pharmacy, and the need for a better cost model at PBMs.

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With PBM Investment, Costco Makes Foray Into Health Care

Freelance Reporter Freelance Reporter

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Meet Our Reporters

Lauren Flynn Kelly Executive Editor, AIS Health, and Managing Editor, Radar on Medicare Advantage

Angela Maas Managing Editor, Radar on Specialty Pharmacy and Spotlight on Market Access

Leslie Small Managing Editor, Health Plan Weekly and Radar on Drug Benefits

Peter Johnson Reporter, Health Plan Weekly and Radar on Drug Benefits

Tim Casey Reporter, Health Plan Weekly and Radar on Drug Benefits

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