"Spread Pricing" transparency reveals the millions CVS rakes in by gouging Medicare and prisons on prescription markups
by Cory Doctorow from on (#3YQ0F)
CVS isn't just in the business of operating retail pharmacies: equally important is its prescription administration services, where it buys drugs from independent pharmacies, marks them up, and sells them to government-run programs like Medicare and prisons, using "spread pricing" to determine the markup that it applies to generic drugs. (more")