PBM Directory
CVS Caremark
Founder/CEO
Group President, Prem Shah Ed DeVaney, President of CVS Caremark
Date Founded
CVS acquired Caremark in 2007
Number of Employees
More than 300,00
Description
Uses an integrated model
Formulary
Plan sponsors can choose approach; the PBM has option to move away from rebate-dependent
Transparency Efforts
New programs include: CVS CostVantage and CVS Caremark TrueCost
Liviniti (formerly Southern Scripts)
Founder/CEO
Founders LeAnn Boyd and Steven T. Boyd
Date Founded
April 2011
Number of Employees
450
Description
Serves self insured employers, unions, hospitals, TPAs, state and local governments
Formulary
Yes. Focused on lowest net cost; 100% pass through rebates
Transparency Efforts
Rebate details, network contracts and audit information available for client review
LucyRx
Founder/CEO
CEO David Blair
Date Founded
2023
Number of Employees
200
Description
Independent, fee-based fiduciary PBM serving self-insured employers
Formulary
No fixed formulary; will customize for each client
Transparency Efforts
Provide real-time insights that support evidence-based clinical decisions and clear pricing
