Datapoint: Ohio Selects Single Medicaid PBM

After a years-long crusade against the traditional PBM business model, Ohio on Jan. 11 named IT firm Gainwell Technologies as the single pharmacy benefits manager for the state’s Medicaid program. State officials estimate the move, which will pay Gainwell $158.2 million over the course of a 7.5-year contract, will save the Medicaid program $150 to $200 million annually. Ohio’s Medicaid MCOs previously contracted with large national PBMs, including Cigna Corp.’s Express Scripts and CVS Caremark, on an individual basis. CareSource, an Express Scripts partner, currently serves 52.4% of Ohio’s 2,504,237 managed Medicaid members.

Source: AIS’s Directory of Health Plans

0 Comments

AIS Health Staff

Related Posts

https://www.mmitnetwork.com/wp-content/uploads/2021/09/wordpress-featured-image-datapoints.jpg
October 14

Datapoint: Ochsner to Launch MA Org in Louisiana

Read More
https://www.mmitnetwork.com/wp-content/uploads/2021/09/wordpress-featured-image-datapoints.jpg
October 13

Datapoint: Three States to Launch New Exchange Marketplaces

Read More
https://www.mmitnetwork.com/wp-content/uploads/2021/09/wordpress-featured-image-datapoints.jpg
October 12

Datapoint: Centene Takes on Major Medicare Expansion for 2022

Read More

GAIN THERAPEUTIC AREA-SPECIFIC INTEL TO DRIVE ACCESS FOR YOUR BRAND

Sign up for publications to get unmatched business intelligence delivered to your inbox.

subscribe today