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  • cmxgen cmxgen Jun 3, 2012 12:59 PM Flag

    Express Scripts CEO wants deal

    not true.

    not negative reimbursement. BRAND reimbursement model would not allow it, generics are based on MAC.

    WAG said ESRX variance was a few % less than industry standard.....if ESRX was negative reimbursement that would be a few % for reimbursement for all other insurance plans...

    ESRX has made no other enemies thus far and no other chain, etc stood with WAG.

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    • It's a nasty truth

      Paz wants to get a big dog like wag to sign before he can offer such crap to competing chains. Wag will take short term pain instead of agreeing to such ridiculous terms. The wmt, rad, krogers are watching this with interest as they know what's going on. Paz wants to kill as many pharmacies as he can, he has contributed to the death of countless independents and is raising the cost of healthcare especially in rural areas where patients now go to the ER instead of an independent pharmacy to get medication

      • 4 Replies to thurman_shane
      • Thurman, you hit the nail on the head.

        Great post.

        Keep them coming.

      • thurman:

        Take the rose colored glasses off.
        First it was 80% revenue retention, than it was Flu-shot growth.along with food Deserts.
        How about the Phamacist Health benefits manager with Medicare enrolle's.

        Now its the MTM pharma face to face interaction with greater compliance
        Supply and Demand maybe rocket science to some, but the facts of Walmarts International success are loud and clear!!!
        "Its the PRICE STUPID:....

      • Wow, "thurman" has now replaced Walmart... "The Evil Empire"... with ESRX as the destroyer of the independent, neighborhood pharmacy.

        Nice deflection, there, dude. Since my single largest investment is in Walmart, I surely appreciate your "guidance".

        Where do these idiots come from?



      • george's #1 is to make money for ESRX by leveraging its size.

        George does not care who gets in the independents, WAG, Kroger, etc. ESRX now commands 40% of PBM claims and this leaves WAG the most vulnerable. CVS has a PBM, Kroger has grocery, WMT has everything. Independents will be able to adopt and pick up more business to offset lost RXs.

        George has WAG in an interesting position, fill scripts at a very low profit or no profit. He can leverage WAG b/c there are plenty of other pharmacies out there.