- Optimizing IV Robotics in Hospital Pharmacy (pharmacytimes.com)
Dennis Killian, PharmD, PhD, Director of Pharmacy Services, Peninsula Regional Medical Center, Salisbury, MD, discusses techniques to optimize the use of IV robotics in a hospital pharmacy setting. (video)
- Medicare to cover expensive cancer cell therapies (reuters.com)
...Centers for Medicare and Medicaid Services...said it has finalized a decision to cover expensive cancer cell therapies sold by Gilead Sciences Inc and Novartis AG...CMS...said it will cover the U.S. Food and Drug Administration-approved therapies when provided in healthcare facilities that have programs in place to track patient outcomes...The nationwide decision clears up “a lot of confusion” about coverage and will help patients get access to the novel therapies...CMS Administrator Seema Verma said...READ MORE
- CVS targets millennials with Amazon-like membership (cnbc.com)
CVS has a plan to win over millennials and it looks a lot like Amazon Prime: free home delivery of products...CVS announced...its CarePass program will expand nationwide...Pharmacy chains like CVS and Walgreens are fighting to stay relevant as consumers...shop online more and in physical stores less. Their business models rely on people buying toothpaste, vitamins and other convenience items in addition to filling their prescriptions...READ MORE
- This Week in Managed Care: August 2, 2019 (ajmc.com)
Laura Joszt, Managing Editor at The American Journal of Managed Care. Welcome to This Week in Managed Care from the Managed Markets News Network
- August 9 Pharmacy Week in Review: Researchers Discover Cancer Cell Growth Mechanism, USPSTF Reaffirms HBV Screening Recommendation for Pregnant Women (pharmacytimes.com)
Nicole Grassano, PTNN, Pharmacy Week in Review, this weekly video program provides our readers with an in-depth review of the latest news, product approvals, FDA rulings and more.
- CMS finalizes plan to boost wage index for rural hospitals (fiercehealthcare.com)
The Trump administration released a final rule...that boosts Medicare payments to rural hospitals in a bid to address major inequalities...The rules included an increase to the wage index for certain low-wage hospitals such as those in rural areas..."The changes we’re finalizing in today’s rule are long overdue and improve the way Medicare pays hospitals, which will help many rural hospitals maintain their healthcare labor force," CMS Administrator Seema Verma...READ MORE
- Trump administration proposes rule requiring hospitals to publish the prices negotiated with insurers (cnbc.com)
The Trump administration is proposing a rule that would require hospitals to publish the prices that are negotiated with insurers or risk being fined...The proposed rule...would apply to the roughly 6,000 hospitals that accept Medicare. Hospitals could be fined up to $300 a day if the standard and negotiated prices for services are not posted online...Starting this year, the administration required hospitals to publish list prices, or the sticker price. That does not reflect what someone might pay with insurance. The proposed rule would go a step further and require hospitals to also post the prices various insurance plans pay...“We’re trying to change the paradigm here,” Centers for Medicare & Medicaid Services Administrator Seema Verma said...“We’re trying to ensure we have a competitive free market where providers can compete on cost and quality and patients have the information they need to seek high-quality providers.”...READ MORE
- Congress Considers Targeting Secondary Patents on Prescription Drugs (heartland.org)
In another sign of growing impatience with the high cost of prescription drugs, bipartisan legislation has been introduced in the U.S. House that would limit pharmaceutical companies’ ability to delay the entry of generic drugs into the market...The Terminating the Extension of Rights Misappropriated Act targets the practice of “evergreening,” in which pharmaceutical companies make minor changes to a drug and file a new patent on those miniscule modifications in order to extend their exclusivity and maintain high prices...READ MORE
- Drug industry urges Canada to act early on U.S. import plan (reuters.com)
Canada’s main pharmaceutical (IMC) lobby group has urged the government not to wait for drug shortages before responding to U.S. plans to import Canadian drugs…the Trump administration announced on Wednesday that it would allow U.S. states and other groups to start pilot programs importing cheap drugs from Canada in an effort to lower drug costs...“Wholesalers should not be permitted to export drugs in bulk from Canada, and there should be strict and significant penalties for exporting drugs where their export is prohibited by law,”...“reliance on reactive measures after shortages occur may pose a risk to Canadian patients.”...READ MORE
- Surescripts ups its battle with Amazon PillPack: ‘We are turning the matter over to the FBI’ (cnbc.com)
Surescripts is upping its battle with Amazon-owned PillPack, accusing a third company of providing PillPack with patient prescription information “fraudulently,” and turning the matter over to the FBI. It’s the latest in a series of moves that could make it harder for Amazon to enter the prescription drug market...PillPack found a way to access its patients’ prescription information via a third-party called ReMy Health...Surescripts, which contracts with ReMy, said this represents “unauthorized access” to its network...READ MORE










