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SaaS · Healthcare
CVS Caremark: Why Transparency Matters in Pharmacy Benefits
Mon, 10/19/2026 - 08:15
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Originally published on CVS Health Company Newsroom
Key points
87% of employers say improving cost transparency is one of the biggest opportunities for PBMs
CVS Caremark offers tools and solutions that provide greater visibility into pharmacy spending and cost drivers
Understanding what drives health care costs has become increasingly important across the health care system. Employers, patients, providers and policymakers are looking for clearer insights into spending, treatment options and strategies that can help make medications and care more affordable and accessible.
Key findings from the CVS Caremark-Employee Benefit News study on PBM transparency
Recent research conducted by CVS Caremark and Employee Benefit News (EBN) highlights the growing importance of transparency in pharmacy benefits management. In The State of Pharmacy Management survey, 87% of employers said improving cost transparency represents one of the biggest opportunities for pharmacy benefit managers (PBMs), reflecting growing demand for clearer information and greater predictability when managing pharmacy benefits.
For many employers, transparency is about making more informed decisions. While most employers report concerns about medication costs, only a minority believe they have significant influence over pharmacy spending. The survey also found that only 24% believe medication costs are fully transparent, highlighting the need for clearer information across the health care system.
As health care becomes more complex, employers increasingly want partners that can help them understand not only what they are spending, but what is driving those costs. In the survey, employers identified visibility into pharmacy spending, benefit navigation support and access to affordable medications as key areas where PBMs can provide additional value.
How CVS Caremark is bringing greater transparency to pharmacy benefits
CVS Caremark is addressing these needs through tools designed to provide more informed benefit decisions. One example is CVS Caremark TrueCost™, which offers a pricing model focused on predictability, accountability, and greater understanding of how pharmacy benefit dollars are spent.
Transparency also means giving employers better access to information. CVS Caremark's myPBM platform helps clients monitor pharmacy benefit trends, plan performance and cost drivers, helping identify opportunities for savings and optimize benefit strategies.
Transparency can also make health care easier to navigate for patients and providers. When prescribers and pharmacists have access to Real-Time Benefits information and lower-cost alternatives, they can help patients better understand their options before arriving at the pharmacy counter. CVS Caremark has also expanded reporting capabilities that provide clients with greater visibility into drug pricing, rebates, and member costs.
CVS CostVantage® and CVS Health's broader approach to transparency
Across CVS Health, similar efforts are helping bring greater simplicity to the broader health care system. CVS CostVantage®, for example, is designed to align pharmacy reimbursement more closely with the underlying cost of medications and the services pharmacists provide. CVS Health describes the model as an important step toward greater transparency and sustainability across the pharmacy ecosystem.
The CVS Caremark-EBN survey findings point to a broader trend across health care: employers are seeking more than cost management alone. They want clearer information, practical tools and greater confidence that they understand where health care dollars are going and how benefit decisions affect affordability, access and employee health.
As health care continues to evolve, transparency will remain an important part of helping employers navigate change. By combining data-driven insights, enhanced reporting, point-of-care cost information and solutions such as TrueCost™, CVS Caremark is helping bring greater transparency to pharmacy benefits and support more informed health care decisions.
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Oct 14 · 17:11·3BL Media
Energy · Industrial
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Read the full story at https://www.webwire.com/ViewPressRel.asp?aId=362831
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Sustainability
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Energy · Sustainability
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Sustainability
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Energy · Media
Entergy Invests in the Future Workforce Through STEM Scholarships for Students Attending Historically Black Colleges and Universities
Wed, 10/14/2026 - 08:45
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The company’s Power of Prosperity program equips recipients with tools for success through education, career and workforce development programs
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by Cristina del Canto
NEW ORLEANS, October 14, 2026 - Entergy is investing in the future of higher education and workforce development by awarding $97,000 in science, technology, engineering and mathematics, or STEM, scholarships to 24 students attending historically black colleges and universities and partner institutions across its service area in Arkansas, Louisiana, Mississippi and Texas.
The scholarships are part of Entergy’s $20 million Power of Prosperity initiative, funded by the company’s shareholders, which supports HBCUs and minority-serving institutions across the Gulf South region by removing barriers that affect students’ academic success.
“These students represent the future of our communities across the Gulf South region,” said John Hudson, Entergy’s senior vice president and chief external affairs officer. “Through our Power of Prosperity initiative, we’re committed to removing barriers and opening doors for talented students who will shape the next generation of the energy workforce. These scholarships help ensure every student has the opportunity to succeed, contribute and thrive, and we are proud to support their journey.”
The Power of Prosperity initiative is focused on academic scholarships; workforce development opportunities such as internships, mentoring and faculty externships; generational wealth-building programs; and competitive facility grants and endowments. Scholarships support students pursuing degrees in high-demand fields including computer science, information technology, engineering and other disciplines that align with the needs of the evolving energy workforce.
In addition to the scholarships, this year, the Competitive Facilities Grant program will provide up to $1 million for accredited HBCUs and minority serving institutions in Entergy’s service area to upgrade classrooms, labs and equipment. Awards will be announced during the fall semester.
Learn more about Entergy’s Power of Prosperity program.
About Entergy
Entergy generates, transmits and distributes electricity to power life for more than 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We’re focused on keeping costs for our customers as low as possible while providing reliable energy that our communities count on. We’re also investing in growth for the future with a more resilient, cleaner energy system that includes modern natural gas, nuclear and renewable energy generation. As a nationally recognized leader in sustainability and corporate citizenship, we deliver more than $100 million in economic benefits each year to the communities we serve through philanthropy, volunteerism and advocacy. Entergy is a Fortune 500 company headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. Learn more at Entergy.com and connect with @Entergy on social media.
Media inquiries:
Cristina del Canto
504-576-4238
mdelcan@entergy.com
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Oct 14 · 11:55·3BL Media
Energy · Retail
SINGAPORE, Oct 14, 2026 - Oritain, global leaders in forensic origin verification, announced the release of its Supplier Intelligence Report, a dedicated supplier deep dive building on findings from the inaugural 2026 Global Supply Chain Intelligence Report.
Drawing on Oritain’s supplier intelligence* across key global manufacturing hubs, the report offers a unique view into how suppliers are responding to growing regulatory scrutiny, customer expectations and sourcing pressures. The findings challenge a common industry assumption: suppliers are not resisting transparency. Instead, they are actively investing in traceability, seeking stronger collaboration and looking for credible ways to demonstrate trust.
The report suggests the industry is entering a new phase of supply chain integrity. While traceability has become increasingly established, the next challenge is ensuring supply chain claims can be supported by independent evidence. As brands, retailers and manufacturers face greater scrutiny from regulators, investors and consumers alike, the ability to substantiate provenance and sourcing claims is becoming a critical business capability.
The research draws on supplier insights from key manufacturing markets, complementing findings from the 2026 Global Supply Chain Intelligence Report, which examined sourcing risk, enforcement trends and consumer trust across global supply chains, by shining a light on the evolving priorities, challenges and opportunities facing suppliers themselves.
From Traceability to Trust: The Rise of Verified Supply Chain Ecosystems
The Supplier Intelligence Report highlights a significant shift in supplier attitudes towards transparency and verification.
Nearly 80% of suppliers surveyed already operate some form of traceability solution, while 75% are open to adopting new traceability technologies. More significantly, 77% expressed interest in participating in origin verification initiatives, highlighting growing recognition that transparency alone is no longer enough to build trust in today's supply chain environment.
"The findings tell a different story than many people expect," said Gemma Lynch, Chief Customer Officer at Oritain.
"Suppliers are not pushing back against transparency. They are actively looking for ways to participate in a more trusted supply chain ecosystem. The challenge is no longer willingness to engage. The challenge is ensuring claims can be substantiated with credible evidence when questions arise."
Key Insights from Oritain's Supplier Intelligence Report
Collaboration is Emerging as a Competitive Advantage: 77% of suppliers surveyed expressed interest in collaborating on origin verification initiatives, signalling growing momentum towards shared responsibility across supply chains.
Transparency is Becoming a Business Imperative: More than 85% of suppliers describe supply chain transparency as important or very important to their business, reinforcing that transparency is now a core commercial consideration rather than a niche sustainability issue.
Traceability Adoption Has Accelerated: Nearly 80% of suppliers already use traceability solutions, while 75% remain open to adopting new technologies, demonstrating continued investment across the sector.
Customer and Consumer Expectations Are Driving Change: 81% of suppliers identified consumer demand as a key driver of transparency efforts, while retailer and customer requirements continue to shape investment decisions.
Leadership Engagement is Growing: 73% per cent of suppliers involve executive leadership in traceability and transparency decisions, suggesting these issues are increasingly viewed as strategic priorities.
Verification is the Next Frontier: As traceability becomes increasingly common, suppliers are seeking more credible ways to validate sourcing claims and differentiate themselves in competitive markets.
Building the Future Through Connected Networks
The report arrives shortly after Oritain announced significant enhancements to its Membership program, creating a stronger framework for collaboration between brands, suppliers and manufacturers.
Combining forensic origin verification, supply chain intelligence and a growing network of verified participants, Oritain Membership is designed to help organisations move beyond isolated compliance towards a more connected ecosystem built on trust, transparency and evidence.
"The future of supply chain integrity will not be built by organisations operating in isolation," said Lynch.
"It will be built through networks of buyers and suppliers working from a shared foundation of trusted data, independent verification and actionable intelligence. As expectations continue to rise, organisations need more than visibility into their supply chains. They need confidence in the information they are using to make decisions. Our role is to provide the science, intelligence and verification that help make that possible."
* The research surveyed 122 senior decision-makers, primarily at director level or above, across 10 markets (China, Hong Kong, India, Indonesia, South Korea, Türkiye, Vietnam, Singapore, Bangladesh and Pakistan), with 80% of respondents having more than four years of industry experience.
For media enquiries please contact: oritainSG@slingstone.com
About Oritain
Oritain is a global leader in forensic origin verification, with a vision to be the source of truth in global supply chains. Our proprietary methodology verifies origin through multiple analytical techniques – including isotopes, trace elements, and non-traditional isotopes – combined with advanced statistical modelling and a comprehensive global reference database. Through our Membership Network, which includes structured verification programs, we are trusted by organizations worldwide across industries including fashion and cotton, leather, timber, and more helping them achieve regulatory compliance, reduce reputational risk, and meet market demand through verifying the provenance of their products. Oritain’s award winning solution has received global recognition, most recently winning the Global Environment award at the Greater Good Awards, Judges’ Choice for Environmental Impact at the Environment + Energy Leader Awards, among others. To learn more, visit www.oritain.com
Oct 14 · 11:00·ACN Newswire
Finance · Real estate
Wednesday 14 October, 2026
The Yiwu-based manufacturer also holds IATF 16949 and AS9100D, delivers rail interior material against EN 45545 project specifications, and has had its melamine foam carbon footprint verified to ISO 14067:2018 by TÜV SÜD.
YIWU, Zhejiang, China — 14 October 2026 — FoamTech (Zhejiang) New Materials Co., Ltd., a manufacturer of melamine foam for thermal insulation, acoustic treatment and fire-rated interiors, today confirmed that its melamine foam carries the European construction fire classification EN 13501-1 Class B-s1, d0.
EN 13501-1 is the reaction-to-fire classification standard applied to construction products across the European Union and the UK. The designation has three parts: B indicates a limited contribution to fire spread; s1 is the lowest smoke-production bracket; and d0 indicates no flaming droplets. The final element is frequently the one that narrows the field in enclosed interior applications, where a falling, burning droplet can spread fire below the point of ignition. The same class is expressed in the Chinese system, where the material is separately graded as GB 8624 B1 (B-s1, d0) for domestic projects.
Melamine foam derives its fire performance from the nitrogen content of the melamine resin itself rather than from halogenated flame-retardant additives. That is a property of the material, not a coating, and it survives cutting and converting.
“Our customers in Europe rarely ask for a single data-sheet number,” said Kiko Fan, Overseas Manager at FoamTech. “They ask which classification a product holds, who tested it, and whether the same result applies to the thickness and density they are actually specifying. So we publish the classification and the test method together, and we keep the underlying reports available to specifiers.”
Three qualification streams on one set of lines
Melamine foam for building interiors is only one of the release regimes FoamTech works under. The company holds IATF 16949, the quality management standard for automotive suppliers, and AS9100D, its aerospace counterpart, for its melamine foam production, alongside ISO 9001, ISO 14001 and ISO 45001.
In practice this means incoming-material control, batch traceability and release testing on the lines that produce standard insulation grades are governed by automotive and aerospace control plans. Material supplied for HVAC ductwork, chilled-water and process piping, or acoustic treatment inherits that release discipline.
Rail interiors: supplied to project requirements
Rail interior work follows a different route. Rather than claiming a blanket approval, FoamTech supplies against individual project specifications that call for compliance with EN 45545, the European fire-safety standard for railway vehicles. That includes interior applications on rolling stock built by CRRC, the Chinese rolling-stock manufacturer, where the hazard level is set by the vehicle programme rather than by the foam supplier. Material is tested and documented to the hazard level named in the customer's specification, and the supporting test evidence travels with the delivery documentation.
Test documentation held
Independent test evidence held by the company includes:
UL 94 V-0 rated formulations;
Carbon footprint verified
Separately from fire performance, the carbon footprint of the company's melamine foam has been verified to ISO 14067:2018 by TÜV SÜD, the German testing and certification group. The verification covers data from October 2024 to September 2025 and was carried out to a reasonable-assurance level, with an unqualified statement of conformity. The verified figure is 86.18 kg CO2e per 2560 × 1300 × 430 mm block, from cradle to gate — that is, raw material and manufacturing stages.
Standards work
FoamTech is listed among the drafting units of Chinese national and industry standards for plastics and thermal insulation, including QB/T 8216-2026 (cleaning melamine foam), and participates in current revision work on test methods for foam combustion behaviour and water-vapour transmission in building materials.
About FoamTech
FoamTech (Zhejiang) New Materials Co., Ltd. is a melamine foam manufacturer registered in Yiwu, Zhejiang Province, China (legal entity registered 2020-12-29; group operations since 2014). The company produces melamine foam blocks, sheets, acoustic panels, thermal insulation, hydrophobic grades and cleaning sponges, and supplies converted and die-cut parts. It holds ISO 9001, ISO 14001, ISO 45001, IATF 16949 and AS9100D, has completed a BSCI social-compliance audit, operates a FAMA Authorized Facility in Yiwu, and has an annual melamine foam production capacity of 300,000 m³. Website: https://melaminefoamtech.com
Media contact
Kiko Fan, Overseas ManagerFoamTech (Zhejiang) New Materials Co., Ltd.kikofan@melaminefoamtech.com | melaminefoamtech.com
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Oct 14 · 09:53·Pressat
Food & drink · Industrial
Capture and reuse technologies, efficient storage and transport, and expansion in emerging food, beverage, healthcare and EOR markets offer growth opportunities.
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Oct 14 · 09:10·GlobeNewswire