Newspaper article St Louis Post-Dispatch (MO)

UnitedHealth Unit Signs Deal with Walgreens to Grow In-Store Prescriptions

Newspaper article St Louis Post-Dispatch (MO)

UnitedHealth Unit Signs Deal with Walgreens to Grow In-Store Prescriptions

Article excerpt

NEW YORK * OptumRx, the pharmacy benefit manager of UnitedHealth Group Inc., said Thursday that it had signed an agreement with Walgreens Boots Alliance that is the first step in a strategic relationship with the pharmacy chain.

Financial terms were not disclosed.

Walgreens, which has 8,200 pharmacies, will fill 90-day prescriptions for OptumRx customers at its mail delivery prices, starting Jan. 1, 2017, OptumRx said. Mail delivery prices are typically lower, sometimes by as much as one-third, than what pharmacies charge in stores,.

The model puts OptumRx on more equal footing with its two largest competitors, CVS Health which is made up of pharmacies and a pharmacy benefit manager and St. Louis County-based Express Scripts Holding Corp. …

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