- Walgreens, FedEx partner on next-day Rx delivery nationwide (drugstorenews.com)
Walgreens and FedEx are teaming up...The companies have launched Walgreens Express, a service that will provide next-day delivery nationwide, as well as same-day delivery in select markets...Patients who are enrolled in Walgreens text alerts will get a text message notification when their qualifying prescriptions are ready. They can then follow a process to choose to have their prescription delivered the next day for a $4.99 fee...Walgreens said most prescription orders are available to be delivered by the next business day, it said some prescription benefit plans and insurance plans do not allow home delivery, encouraging patients to talk to a pharmacist with any questions.
- Walgreens, Humana in talks to take stakes in each other: WSJ (reuters.com)Walgreens, Humana Are in Preliminary Talks to Take Stakes in Each Other (wsj.com)
...Walgreens Boots Alliance Inc and health insurer Humana Inc are in preliminary discussions to take equity stakes in each other...Humana said it would partner with Walgreens, with its unit operating senior-focused primary care clinics inside two Walgreens stores in Kansas...The companies are discussing the possibility of expanding that venture, among other options...
- APhA looks to alleviate increasing pressures of the profession (drugstorenews.com)
What I’m(Michael Hogue, president-elect of the American Pharmacists Association) hearing from these recent graduates, as well as from seasoned pharmacists, is:
- Public and private payers are looking to pay the lowest price for prescription drugs;
- The community pharmacy business model no longer supports sufficient staffing, leaving little time for patient care, and in some cases jeopardizing patient safety;
- Pharmacists, now largely employed by a corporate entity rather than through private practice, feel they have little control over their practice environment and professional judgment;
- The number of pharmacists in many markets is leading to fear among some of losing their jobs or experiencing lower wages if they do not meet productivity metrics as more technical tasks are delegated to technicians;
- Full-time employment is sometimes hard to come by as a pharmacist; and
- Young pharmacists have tremendous personal debt from college.
The American Pharmacists Association...adopted a policy on the pharmacist workplace environment and patient safety. The policies serve not only as guiding statements and principles for the profession, but are frequently referenced when key policy and legal decisions are at play. In addition...APhA board of trustees has incorporated pharmacist well-being initiatives as core to our strategic plan. Among other efforts, we are building tangible resources to assist individual pharmacists with practice challenges, professional satisfaction, recognition and personal well-being...APhA is working with other professional organizations and employers to seek legislative changes at the state and national levels that will result in recognition of pharmacists as providers of care. Coupled with changes that remove unnecessary barriers to the use of technologies and technicians, this will lead to new opportunities for the patient care we are capable of providing, allowing the business model to shift.
- Walgreens mobilizes in advance of Hurricane Florence (chaindrugreview.com)CVS helps customers get ready for Hurricane Florence (chaindrugreview.com)
Walgreens is taking proactive measures to assist customers, team members and communities in the projected path of Hurricane Florence, and is preparing to fully support impacted regions in the storm’s aftermath. The company is taking the following steps:
- Prescription Drug Preparedness: In advance of the hurricane, Walgreens is underscoring the importance of prescription preparedness for its pharmacy patients in areas that may be impacted. With a State of Emergency declared in parts of North Carolina and South Carolina, pharmacists in the state can refill medications up to a 30-day supply without requiring a prescriber’s refill authorization for any non-controlled substance.
- Customer Support: Walgreens is proactively staging temporary mobile pharmacies near the region that can be deployed, if necessary, to drugstores that may be damaged or unable to reopen in a timely manner. Walgreens has also staged emergency power generators that can be deployed to drugstores in areas where there is a loss of power.
- Relief and Recovery: The company will be evaluating its philanthropic response immediately following the hurricane and intends to activate its nationwide network of stores to allow individuals to donate to the American Red Cross hurricane relief efforts, in addition to preparing to donate needed items to emergency shelters.
- CVS offers ‘guaranteed net cost’ for pharmacy benefit clients (reuters.com)
Pharmacy chain and benefits manager CVS Health Corp...said...it will offer a new prescription benefit option guaranteeing its health plan clients 100 percent of any rebates, discounts or other fees paid by drugmakers...The new plan model is aimed at providing greater drug cost simplicity, predictability and transparency...Under its new option, CVS takes on the risk of drug price inflation and shifts in drug use - at least for the term of each contract...The new model guarantees average spending per prescription across each distribution channel – retail, mail order and specialty pharmacy...
- Pharmacies still blocking U.S. teens looking for emergency contraception (reuters.com)Availability and Accessibility of Emergency Contraception to Adolescent Callers in Pharmacies in Four Southwestern States (jahonline.org)
Teens seeking to buy emergency contraception at pharmacies continue to face significant roadblocks…Researchers checking on the accessibility of the “morning after pill” at pharmacies in four Southwestern states found that just 28 percent made it simple and straightforward for teens to purchase the emergency contraception, according to the results published in the Journal of Adolescent Health…Despite the FDA ruling . . . that emergency contraceptives should be sold over-the-counter without age or identification restrictions, this is not being fully implemented into the pharmacy setting as anticipated…
- Nine Ways Community Pharmacies Can Enhance Services (drugtopics.com)
One way that community pharmacies can improve how well they care for their patients and their bottom line is to provide enhanced services. These include services that can help keep patients out of the emergency room or hospital and, for which, in some instances, the pharmacist can be reimbursed by a third-party payer or by the patient...These services can be revenue streams that can help local pharmacies compete with big-box stores and mail-order...There are nine ways that community pharmacies can profitably implement enhanced services...If you don’t do this, other healthcare providers will...Other pharmacies, nursing services, and telephone-based providers are already on board with these things...The nine services are:
- Enhanced delivery
- Immunizations
- Medication therapy management (MTM)
- Medication synchronization
- Adherence or convenience packaging
- Medicare plan selection
- Point-of-care testing
- Nutrition
- eCare capability
- CVS Health Completes Acquisition of Aetna, Marking the Start of Transforming the Consumer Health Experience (cvshealth.com)CVS Completes $70 Billion Acquisition of Aetna (wsj.com)CVS-Aetna merger approved by New York regulators (nypost.com)
CVS Health...today announced that it has completed its acquisition of Aetna...“Today marks the start of a new day in health care and a transformative moment for our company and our industry,” declared CVS Health President and Chief Executive Officer Larry J. Merlo. “By delivering the combined capabilities of our two leading organizations, we will transform the consumer health experience and build healthier communities through a new innovative health care model that is local, easier to use, less expensive and puts consumers at the center of their care.”
- How Mergers Will Affect Pharmacists (drugtopics.com)
The Cigna-Express Scripts merger has gotten a go-ahead from the Department of Justice, but DOJ has not ruled on the CVS-Aetna merger at press time...Both deals have shareholder backing... I think it’s part of an overall trend...Effects on Pharmacists...Frederick S. Mayer...CEO of Pharmacists Planning Services Inc...fears that they could result in loss of pharmacy jobs due to closures of independent pharmacies that can no longer compete. Chain pharmacists could also have less job security as locations may close. Mayer also says consolidation could lead to higher prices, lower quality, and less choice for consumers...Pharmacists...trained eight years for their PharmD, and now they are counting, pouring, and typing due to mergers,” says Mayer, who adds that pharmacists in larger settings don’t have adequate time for patient counseling...Over the past 10 years, mergers have resulted in poorer choices of medication for consumers and patients...Chains that are in one of these vertically integrated systems have guaranteed volume without competition on price...Perry Cohen, CEO of The Pharmacy Group...Companies responding to the need for new care models for healthcare services. The marketplace needs new care models and wants to embrace these companies that get ahead of the curve...More Mergers Coming... more vertical mergers and acquisitions...The horizontal is being driven a lot by the reimbursement pressure...The vertical is much more strategic around the control of the overall person’s healthcare...
- How to Prevent the Top 4 Medication Errors (drugtopics.com)
Medical errors of all kinds, including medication errors, are now the third highest cause of death in the United States and may be responsible for 10% of all deaths in the country, according to a 2016 study by Johns Hopkins Medicine. According to the National Academy of Medicine, preventable medication errors harm 1.5 million Americans annually and cost hospitals an additional $3.5 billion each year...“I think the problem is becoming worse because this is a complex medical system that we have,”...Strategies to prevent medication errors in recent years include a move to electronic prescribing and adding barcodes to drug products. But experts say these efforts have not eliminated the need for vigilance among pharmacists, technicians, and other healthcare professionals in the community and hospital setting. Here’s more on the actions pharmacists need to take to avoid some of the most common medication errors.
- Processing Errors
- Dosage Errors
- Care Transition Errors
- Alert Fatigue Errors
- Other Errors
- Technology on the Horizon