While nothing involving Congress is ever a certainty, efforts to repeal the so-called 1099 provision increasing the tax filing burden on pharmacies and other small businesses appear to be gaining bipartisan support.
Archive for January, 2011
A conference in Washington this week highlighted for policymakers the unique health care needs of rural communities and how independent community pharmacists and other “sole providers” play a leading role helping patients in these underserved areas.
The start of the 112th Congress this month brought about 100 new lawmakers to the U.S. Senate and House. Many of them may have longstanding relationships with independent pharmacists from back home. Others may not be so familiar with us and how we can help achieve better health outcomes at lower costs.
Lewin Group/PBMs’ Medicaid Pharmacy Report Misses the Mark; Recommendations Threaten Patient Health and AccessPublished January 20, 2011 Medicaid , pharmacy benefit managers 2 Comments
Tags: Medicaid, pharmacy benefit managers
By John Norton
In business or politics, endorsements from impartial sources can lend the credibility of third-party validation. Conversely, attempts to buy or manufacture third-party validation can fall flat. Such is the case with a recent white paper funded by the big pharmacy benefit managers (PBMs), apparently intended to further inflate their windfall profits, while harming Medicaid patients and local communities.
By Bill Popomaronis, RPh
I purchased my first pharmacy in 1982. With $10K down, borrowed from my Dad, and a kind owner willing to take paper for $170K more over 15 years, I was on my way to a professionally and financially rewarding career in community pharmacy ownership.