- Part 1: Medicare Part B Provider Status for Pharmacists – Episode 1 (drugtopics.com)Part 2: Medicare Part B Provider Status for Pharmacists (drugtopics.com)
In an interview with Drug Topics®, Ken Perez, MBA, vice president of Healthcare Policy and Government Affairs at Omnicell, explained the crucial points of Medicare Part B provider status for pharmacists, which would allow pharmacists in underserved communities to be reimbursed for certain primary care services that they already provide in commercially ensured populations...READ MORE
- New law will allow pharmacists to administer HIV prevention medication without prescription (thenevadaindependent.com)
Nevada will become one of the first states to allow pharmacists to prescribe human immunodeficiency virus prevention drugs to patients at risk of contracting the virus, as the state works to combat one of the highest rates of HIV diagnoses in the country...A bill signed by Gov. Steve Sisolak on June 6 authorizes pharmacists with sufficient liability coverage to prescribe, dispense and administer HIV prevention drugs — including post-exposure prophylaxis to people who may have come into contact with HIV and pre-exposure prophylaxis for people at risk — without a prescription from a practitioner starting as early as Oct. 1, in accordance with protocols to be developed by the State Board of Pharmacy over the next several months...READ MORE
- EXCLUSIVE: The 340B Program Soared to $38 Billion in 2020—Up 27% vs. 2019 (drugchannels.net)
Discounted purchases under the program reached at least $38 billion in 2020. That figure is an astonishing 27% higher than its 2019 counterpart—and more than quadruple the value of discounted purchases in 2014…The 340B program’s size now exceeds the Medicaid program’s outpatient drug sales—and accounts for nearly 20% of the total rebates and discounts that manufacturers provide for brand-name drugs. Alas, many elements of the 340B program—including its controversial contract pharmacy component—lack a comprehensive regulatory infrastructure…READ MORE
- Pharmacist Job Market in 2020: Hospital Employment Up, Retail Salaries Down (drugchannels.net)
The Bureau of Labor Statistics has recently released its employment and salary data for 2020. That means it’s time to update Drug Channels Institute’s annual analysis of pharmacist salaries and employment...We have found that the share of pharmacists who work at hospitals reached a new high. What’s more, average base salaries for retail pharmacists have dropped, while salaries have risen for pharmacists employed by hospitals, physician offices, and other non-retail settings...READ MORE
- Intermountain closes 25 pharmacies, gives prescriptions to CVS (fiercehealthcare.com)
Intermountain Healthcare will be shutting down 25 retail pharmacies and handing off their prescriptions and inventories to CVS Pharmacy beginning in August...Next month's closures target low-volume retail pharmacies in Utah, the Salt Lake City health system said...The companies stressed that the closures do not affect Intermountain’s hospital inpatient pharmacies...The nonprofit system will also be continuing its other pharmacy and medication services, including medication management and medication assistance and financial support. Home delivery pharmacy, specialty pharmacy and the retail pharmacy out of its Primary Children’s Hospital will also continue to be supported...READ MORE
- How one rural town without a pharmacy is crowdsourcing to get meds (modernhealthcare.com)Association Between Pharmacy Closures and Adherence to Cardiovascular Medications Among Older US Adults (jamanetwork.com)
The building that once housed the last drugstore in this town of fewer than 600 is now a barbecue restaurant, where pit boss Larry Holtman dishes out smoked brisket and pulled pork across the same counter where pharmacists dispensed vital medications more than 30 years ago...It’s an hour long drive over treacherous mountain passes to Laramie, Wyoming, or Granby or Steamboat Springs, Colorado — and the nearest pharmacies. The routes out of the valley in which Walden lies are regularly closed by heavy winter snows, keeping residents in and medications out...Walden has suffered the fate of many small towns across the United States, as the economics of the pharmacy business have made it difficult for community drugstores to survive...With no local access to prescription drugs, the town of mainly cattle ranchers and hay farmers has crowdsourced a delivery system, taking advantage of anyone’s trip to those bigger cities to pick up medications for the rest of the town...READ MORE
- Drug Diversion On Radar of the Joint Commission (pharmacypracticenews.com)
Consultants at Joint Commission Resources are urging hospitals to double down on efforts to keep controlled substances safe. This is in light of a Joint Commission finding that 10% of hospitals surveyed in 2019 did not meet medication security standards, including those meant to prevent diversion...Jeannell Mansur...PharmD, the principal consultant for medication management and safety at JCR..pointed to a range of medication management and storage gaps that leave controlled substances open to diversion in health systems...READ MORE
- Study: Medicare spent billions more on generics than Costco due to distribution inefficiency (fiercehealthcare.com)
Medicare Part D spent $2.6 billion more in 2018 on generic drugs compared to Costco, likely due to the inefficient distribution system...The study published...in the Journal of the American Medical Association focuses on how intermediaries in the generic drug supply chain may be driving up costs for Medicare. In 2018, 88% of Medicare Part D prescriptions were for generic drugs, the study said...“Our analysis highlighted the inefficiencies the current system introduces through its complex and opaque system of intermediaries, which Costco largely bypasses,”...READ MORE
- California jury clears CVS in generic drug overpayment case (fiercehealthcare.com)
A California jury has cleared CVS in a years-long lawsuit alleging the pharmacy giant overcharged them by more than $121 million for generic drugs...A group of insured pharmacy customers in six states filed suit against CVS Pharmacy in 2015, claiming that the company overcharged them and their insurers for generic drugs while charging low, flat-fee prices through a discount program for cash-pay customers...A federal jury in the court for the Northern District of California unanimously determined...day that the pharmacy chain did not violate statutes in the six states with its Health Savings Pass program...READ MORE
- White House says data is one key to improving pharma supply chain resilience (healthcareitnews.com)
Other recommendations include boosting local production, promoting research and development, and creating robust quality management maturity...The White House and several federal agencies...released a series of policy recommendations for addressing the vulnerabilities in U.S. pharmaceutical supply chains...The review came in response to an executive order signed by President Joe Biden...that directed the government to identify risks, address vulnerabilities and develop a strategy to promote supply chain resilience throughout sectors...READ MORE