KAISER PERMANENTE: Signs Deal With Bergen Brunswig
Kaiser Permanente has signed a five-year, $4 billion contract with Bergen Brunswig Corporation to supply the HMO with drugs, Reuters/New York Times reports. The contract will cover Kaiser facilities in 19 states. The deal should be a "boon" for Bergen, "which is fighting opposition from the Federal Trade Commission to its proposed $2.8 billion deal to be acquired by Cardinal Health Inc.," and to Kaiser, which "also has been under pressure" due to its first-ever annual loss (5/16).
This is part of the California Healthline Daily Edition, a summary of health policy coverage from major news organizations. Sign up for an email subscription.