Pharmacy Revenues Decline, Thanks to Cheaper Medicines

We’ve been saying it for some time, and the numbers speak for themselves: spending on prescription drugs is heading in the right direction – there’s no denying it. Drug prices increased by only 1% over the last year — that’s before factoring in manufacturers rebates and discounts. And data from Prime Therapeutics (a pharmacy benefits manager owned by Blue Cross Blue Shield plans) shows negative growth in net prices for drugs for both government and pr