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CVS Caremark to Provide PBM Services to AT&T's Employees and Retirees

Posted on: Wednesday, 9 April 2008, 09:01 CDT

CVS Caremark, a provider of prescriptions and related healthcare services, has been awarded a contract to provide pharmacy benefit management services to AT&T's employees and retirees, effective January 1, 2009.

CVS Caremark will provide a comprehensive suite of integrated pharmacy services, including claims processing, network management, rebate contracting, mail order pharmacy and specialty pharmacy services. This will be supported by CVS Caremark's service infrastructure and pharmacy care strategies that proactively inform and engage consumers to take control of their health.

Tom Ryan, chairman, president and CEO of CVS Caremark, said: We are delighted that AT&T has chosen to consolidate its entire pharmacy benefit management (PBM) business with us. AT&T is one of our oldest and best customers, and we consider this decision to be a vote of confidence for our integrated model of delivering pharmacy health care. By consolidating their PBM business with CVS Caremark, they will be well positioned to consider a number of the unique services that only we can offer."


Source: Datamonitor

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User Comments (1)

1. Posted by Zenith Smith on 02/22/2009, 14:44
My prescriptions were faxed to Caremark on 02/11/09. When I had not received my medications, I emailed Caremark twice. I was callled via telephone, and was told my prescriptions HAD NOT BEEN FILLED since the drugs were over $200.00 and they had to be assured for payment! They waited 12 days to inform me! I am completely out of Amrill, Lyrica & Lipitor. CAREMARK IS A SHAM. and I will notify AT &T and let them know of this matter!

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