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Valu-Rite is a network of over 4,000 independently owned and operated pharmacies established in 1979. It has a business affiliation with McKesson Pharmaceuticals, which sponsors the network and owns the name "Valu-Rite".
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As of 2023, PBMs managed pharmacy benefits for 275 million Americans and the three largest PBMs in the US, CVS Caremark, Cigna Express Scripts, and UnitedHealth Group’s Optum Rx, make up about 80% of the market share covering about 270 million people [4] [5] with a market of almost $600 billion in 2024. [6]
National Association of Boards of Pharmacy (NABP) is a 501(c)(3) nonprofit organization that assists member boards of pharmacy for the purpose of protecting public health. [3] It has 54 active members and 12 associate members. [6] Active member boards include all 50 United States, the District of Columbia, Guam, Puerto Rico, and the Virgin Islands.
In response, E-prescribing can significantly reduce the volume of pharmacy call-backs related to illegibility, mistaken prescription choices, formulary and pharmacy benefits, decreasing the amount of time wasted on the phone. This ultimately impacts office workflow efficiency and overall productivity in a positive manner.
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US House of Representatives, Committee on Veterans Affairs, Subcommittee on Oversight and Investigations. May 25, 2000. Testimony of John E. Ogden, M.S. Chief Consultant for Pharmacy Benefits Management, Department of Veterans Affairs. VA's Consolidated Mail Output Pharmacy Program. United States of America v. Joseph Haymond, Case 3:05–03107.
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