Content about Medical prescription

November 30, 2010

An alliance between a drug store chain and a national pharmacy benefit manager resulted in more than $3 million in savings over a seven-month period for the PBM clients.

DEERFIELD, Ill. — An alliance between a drug store chain and a national pharmacy benefit manager resulted in more than $3 million in savings over a seven-month period for the PBM clients.

November 24, 2010

UnitedHealth Group will start a program next year that it said can reduce drug costs to as low as $2 per script, the company said Tuesday.

MINNETONKA, Minn. — UnitedHealth Group will start a program next year that it said can reduce drug costs to as low as $2 per script, the company said Tuesday.

The program, Pharmacy Saver, will be available to Medicare Part D members and is a collaboration with Kroger, Safeway and Prescription Solutions. The program will allow members to purchase some scripts for $2 for 30- and some 90-day supplies and applies to hundreds of prescription drugs, including 8-of-the-10 most commonly used by UnitedHealthcare Medicare plan members.

November 21, 2010

Drug maker OcuSoft has launched a prescription supplement designed to enhance botulinum toxin injections, the...

RICHMOND, Texas Drug maker OcuSoft has launched a prescription supplement designed to enhance botulinum toxin injections, the company said.

 

OcuSoft announced the availability of Zytaze in several chain drug stores around the country.

 

 

The drug is designed to extend the duration of botulinum toxin treatments, such as Allergan’s Botox (onabotulinumtoxinA), and reports have indicated that it extends them by almost 25%.

 

November 16, 2010

A group representing the nation's independent pharmacies praised a local drug store's participation in a...

ALEXANDRIA, Va. — A group representing the nation's independent pharmacies praised a local drug store's participation in a drug take-back program.

November 15, 2010

There is a direct correlation between the amount of a patient's out-of-pocket co-pay and prescription...

WOONSOCKET, R.I. — There is a direct correlation between the amount of a patient's out-of-pocket co-pay and prescription abandonment, according to the findings of a CVS Caremark-sponsored study published this week in the Annals of Internal Medicine. The study also found that e-prescriptions are more likely to be abandoned at retail compared with handwritten prescriptions.

November 14, 2010

In a ruling hailed by retail pharmacy leaders, the Department of Defense now is insisting...

ALEXANDRIA, Va. — In a ruling hailed by retail pharmacy leaders, the Department of Defense now is insisting that drug manufacturers extend the same discounts for prescription drugs sold at community pharmacies that the military gets for medicines dispensed through base dispensaries or mail order.

November 14, 2010

A panel of healthcare thought leaders has concluded that a recent IRS rule change going...

WASHINGTON — A panel of healthcare thought leaders has concluded that a recent IRS rule change going into effect Jan. 14, 2011, will demand retail system challenges that are operationally impossible to overcome in the limited time frame required.

And the National Association of Chain Drug Stores couldn’t agree more.

November 11, 2010

Retail pharmacies scored a big victory in the Centers for Medicare and Medicaid Services rule,...

WHAT IT MEANS AND WHY IT'S IMPORTANT — Retail pharmacies scored a big victory in the Centers for Medicare and Medicaid Services rule, which puts the kibosh on pricing policies that would have severely affected retail pharmacies' ability to make money from generic drugs, and thus forced them to turn away Medicaid patients.

November 10, 2010

New pricing and reimbursement pressures drove down Shoppers Drug Mart's third-quarter profit, the Canada-based drug...

November 9, 2010

Walgreens on Wednesday released a survey that found 2-in-5 American households have at least one...

November 9, 2010

Budget cuts in Washington state to its Medicaid programs have created a “perilous situation” for...

ALEXANDRIA, Va. Budget cuts in Washington state to its Medicaid programs have created a “perilous situation” for retail pharmacies and their patients, the National Association of Chain Drug Stores warned on Wednesday, and could “pose danger as a precedent for other states across the nation as well,” according to the group.

 

November 9, 2010

Rite Aid on Wednesday announced its pharmacists have been prepared to assist seniors during the...

CAMP HILL, Pa. Rite Aid on Wednesday announced its pharmacists have been prepared to assist seniors during the 2011 Medicare Part D open enrollment period. With the first of the baby boomers officially turning 65 years old in 2011, more seniors are expected to hit drug stores looking for information about Part D options and open enrollment.

 

Open enrollment begins on Nov. 15.

 

 

November 8, 2010

Loss of patent protection for branded drugs and subsequent competition from generics could save the...

NEW YORK Loss of patent protection for branded drugs and subsequent competition from generics could save the U.S. healthcare system $70 billion or more over the next four years, according to published reports.

 

Reuters reported IMS Health SVP Murray Aitken as saying at the Reuters Health Summit that generics also would increase their dominance in terms of prescriptions dispensed, increasing from 77% during the first half of this year to perhaps 85% by 2014.

 

 

November 4, 2010

This is a next-generation pharmacy solution for the next generation of seniors, who begin celebrating...

WHAT IT MEANS AND WHY IT’S IMPORTANT — This is a next-generation pharmacy solution for the next generation of seniors, who begin celebrating birthday No. 65 with the coming of the New Year at a rate of one every 10 seconds, and that’s for nearly two straight decades.

November 1, 2010

Pharmacy benefit manager Medco Health Solutions had sales of $16.3 billion, including $2.9 billion from...

FRANKLIN LAKES, N.J. Pharmacy benefit manager Medco Health Solutions had sales of $16.3 billion, including $2.9 billion from specialty pharmacy operations, the company said Tuesday.

 

November 1, 2010

The National Association of Chain Drug Stores is urging federal health officials to adopt a...

ALEXANDRIA, Va. The National Association of Chain Drug Stores is urging federal health officials to adopt a simpler means of communicating drug safety and efficacy information to patients, and to clear the way for an approval pathway for generic versions of biologically engineered drugs.

 

NACDS made its priorities known in a letter Monday to Margaret Hamburg, commissioner of the Food and Drug Administration. The letter came from Kevin Nicholson, the group’s VP government affairs and public policy.

 

November 1, 2010

Retail pharmacy technology provider PDX has partnered with Healthcare Data Solutions to provide users of...

FORT WORTH, Texas Retail pharmacy technology provider PDX has partnered with Healthcare Data Solutions to provide users of the PDX Pharmacy System with access to a real-time prescriber verification process.

The companies said the integration of the PDX Pharmacy System and the HDS ProscriberPRO database would allow immediate verification of prescribers and associated profiles when a prescriber is added or before a prescription is filled, with access provided over a secure, Web-based service.

October 28, 2010

“We don’t have to be the PBM.” That’s what Greg Wasson, Walgreens president and CEO,...

WHAT IT MEANS AND WHY IT'S IMPORTANT “We don’t have to be the PBM.” That’s what Greg Wasson, Walgreens president and CEO, told Drug Store News in one interview last year, and it neatly encapsulates the dynamic that may be unfolding behind the scenes at the nation’s top pharmacy retailer.

(THE NEWS: Walgreens said to consider sale of PBM. For the full story, click here)

October 27, 2010

Rite Aid on Thursday posted a same-store sales decrease of 1.7% for the four weeks...

October 26, 2010

The charitable arm of the National Association of Chain Drug Stores announced its $1 million...

ALEXANDRIA, Va. The charitable arm of the National Association of Chain Drug Stores announced its $1 million contribution to the National Consumers League's medication adherence awareness campaign.

 

October 24, 2010

With strong support from pharmacy leaders, Congress is moving to shut down prescription medication abuse...

With strong support from pharmacy leaders, Congress is moving to shut down prescription medication abuse and diversion with a multipronged legislative cudgel.

Prior to its October recess, the U.S. House of Representatives passed three industry-backed bills in September to help seal up the nation’s leaky prescription drug pipeline. The bills are expected to pass under “suspension of the rules,” which allows for expedited consideration of legislation.

October 24, 2010

Health care’s lumbering shift to electronic prescribing and health information technology has been a long...

October 24, 2010

More than a quarter trillion dollars in pharmaceutical sales happened through primary healthcare distributors in...

October 24, 2010

Independent pharmacies in 2009 generally were able to withstand the pummeling of a major recession,...

October 19, 2010

A drug store chain and a leading provider of mobile drug reference tools and interactive...