- US drugstores squeezed by vaccine demand, staff shortages (apnews.com)
A rush of vaccine-seeking customers and staff shortages are squeezing drugstores around the U.S., leading to frazzled workers and temporary pharmacy closures...And pharmacists worry another job might soon be added to their to-do list: If regulators approve antiviral pills from drugmakers Merck and Pfizer to treat COVID-19, pharmacists may be able to diagnose infections and then prescribe pills to customers...“There’s crazy increased demand on pharmacies right now,” said Theresa Tolle, an independent pharmacist who has seen COVID-19 vaccine demand quadruple since the summer at her Sebastian, Florida, store...READ MORE
- Jury holds CVS, Walgreens and Walmart responsible for role in opioid crisis (cnbc.com)Federal jury holds pharmacy chains CVS, Walgreens and Walmart responsible for role in opioid crisis (fiercehealthcare.com)The Great Ohio Opioid Stick-Up (wsj.com)
CVS, Walgreens and Walmart pharmacies recklessly distributed massive amounts of pain pills in two Ohio counties, a federal jury said...in a verdict that could set the tone for U.S. city and county governments that want to hold pharmacies accountable for their roles in the opioid crisis...Lake and Trumbull counties blamed the three chain pharmacies for not stopping the flood of pills that caused hundreds of overdose deaths and cost each of the two counties about $1 billion, their attorney said...The counties were able to convince the jury that the pharmacies played an outsized role in creating a public nuisance in the way they dispensed pain medication into their communities...READ MORE
- New frontiers in pharmacy education: Preparing students for their role in an evolving pharmacy practice (drugstorenews.com)
...the new crop of pharmacy students nationwide will need much more than an introduction to rudimentary science courses, thanks to the notable progress that the pharmacy industry has made in advancing the clinical role of pharmacists. The pandemic also has elevated pharmacists’ roles and allowed them to assume expanded responsibilities...Many pharmacy schools are stepping up to the plate with new courses and electives, as well as honing some of their existing courses, to ensure that their students are well prepared to meet the myriad challenges that they will face as newly minted pharmacists...READ MORE
- Healthcare industry will face higher medication errors, declining patient trust in 2022: Forrester (fiercehealthcare.com)
As the world enters the third year of the COVID-19 pandemic, the healthcare industry faces a variety of ongoing challenges and shifts in delivery of care, according to a new 2022 predictions report...They identified five key predictions for the coming year:
1. Health disparities will negatively impact rural Americans twice as much as urban Americans
2. Labor shortages will double the medication error rate among providers
3. Healthcare will no longer be considered a trusted industry as misinformation and cyberattacks continue
4. Sixty percent of virtual care visits will be related to mental health
5. The number of hospital-at-home providers will triple...READ MORE
- CVS Health pledges $7.7M investment in affordable housing for Tampa, Fla. (drugstorenews.com)CVS Health to invest $25M in affordable housing in Louisiana (drugstorenews.com)
CVS Health will invest $7.7 million with Raymond James Tax Credit Funds to build a 61 unit multifamily apartment home development called Uptown Sky in Tampa, Fla...As part of its commitment to address racial inequity and social determinants of health in underserved communities, CVS Health will invest $7.7 million with Raymond James Tax Credit Funds to build a 61 unit multifamily apartment home development...READ MORE
- NACDS praises Eighth Circuit decision upholding North Dakota law regulating PBMs (chaindrugreview.com)
The National Association of Chain Drug Stores is hailing a decision by the Eighth Circuit of the U.S. Court of Appeals...In the case — Pharmaceutical Care Management Association v. Wehbi — the Eighth Circuit relied on the U.S. Supreme Court’s unanimous ruling in Rutledge v. Pharmaceutical Care Management Association in determining that all provisions in the North Dakota statute, which seek to regulate the relationship between pharmacy benefits managers and pharmacies, were not preempted by the federal Employee Retirement Income Security Act...Importantly, the Court also found that most provisions in the North Dakota law were not preempted by Medicare Part D and outright rejected the PBMs’ argument that they could not be regulated in the federal or state arenas...READ MORE
- President Biden to nominate Robert Califf as FDA commissioner (drugstorenews.com)
President Biden announced his intention to nominate Robert Califf for commissioner of the Food and Drug Administration....Dr. Califf is an internationally recognized expert in clinical trial research, health disparities, healthcare quality, and cardiovascular medicine. He brings nearly four decades of experience as a doctor, researcher, leader, and public servant, including previous service as FDA commissioner from 2016-2017, for which he was confirmed by the Senate 89-4 with broad bi-partisan support. Currently, Califf is a professor of medicine at the Duke University School of Medicine...READ MORE
- UCB latest drugmaker to restrict 340B access to contract pharmacies (fiercehealthcare.com)
UCB became the latest pharmaceutical manufacturer to restrict selling products discounted under the 340B program to contract pharmacies despite ongoing efforts by the federal government to fine other companies that have made similar moves...The decision comes as the federal government and six other drugmakers are battling in court over the ability to cut off access to contract pharmacies, which are third parties that dispense 340B drugs on the covered entity’s behalf...340B advocates blasted the move by UCB, which is the ninth drugmaker to cut off access...READ MORE
- Small Pharmacies Continue to Run Away from Medicare Part D’s Preferred Networks (drugchannels.net)
Today, I examine how smaller pharmacies will participate as preferred cost sharing pharmacies via the pharmacy services administrative organizations that represent them in negotiations with plans...the largest PSAOs are increasingly rejecting preferred networks. Below we provide details about the PSAOs owned by the three major wholesalers—AmerisourceBergen, Cardinal Health, and McKesson—along with information about AlignRx, the largest independent PSAO. There are some notable differences in strategy, as you will see from our handy scorecard below...Smaller pharmacies’ rejection of Part D preferred networks shows that they are figuring out how to survive a highly challenging retail environment. Perhaps Part D is just a flesh wound?...READ MORE
- Virginia pharmacy incorrectly administers Covid vaccine to 112 kids, officials pull remaining doses (cnbc.com)
A pharmacy in Virginia incorrectly administered Pfizer and BioNTech’s Covid-19 shots to 112 children last week, according to the state Department of Health...“The pharmacy attempted to provide a proper dose,” Loudoun County Health Department director Dr. David Goodfriend...said it appears the pharmacy did administer about a third of the adult dose, which should be the correct amount. However, “a lower dose is possible if not all of the 0.1 ml was administered into muscle,” he said...Goodfriend alerted parents in a letter sent out...that Ted Pharmacy may have administered a lower dose than recommended. State and federal officials told the pharmacy to stop distributing shots altogether on Friday before seizing all of its Covid doses, a Virginia health department spokesperson said in a statement...READ MORE