January 15th 2025
Building on a previous report that revealed corrupt business practices among the big 3 PBMs, a second interim report finds that PBMs heightened prices for important specialty generic drugs to increase their profit margins.
Resolving Payments in Ambulatory Care
June 9th 2019Thomas Pierson, PharmD, MS, Manager, Specialty Clinics, Cleveland Clinic, Cleveland, OH, discusses reimbursement payment issues for pharmacists in the ambulatory care setting. This video was filmed at the 2019 American Society of Health-System Pharmacists (ASHP) Summer Meeting in Boston.
Point-of-Sale Solution Aims to Deliver Accurate Drug Discount Compliance
May 15th 2019This first-to-market point-of-sale platform combines industry expertise, artificial intelligence and comprehensive, deep-data libraries to seek out and identify errors so that the right discounts are applied to the right transaction.
New Federal Primary Care Payment Models: Another Step Toward Value Based Care
April 22nd 2019The Center for Medicare and Medicaid Innovation (CMMI) will be inviting primary care practices to participate in 5 new alternative payment models that will allow primary care practices to provide new types of services to their patients that are not supported by current Medicare payments.
Creator of Fraudulent Pharmacy Sentenced to 5 Years in Prison
March 16th 2019As part of his guilty plea, Calhoun admitted that he defrauded Medicare Part D of $1.6 million through an elaborate scheme in which he created a fictitious pharmacy on paper called “Cal’s Pharmacy” and used it to process hundreds of prescription claims for drugs that were never dispensed.
Walmart Splits with CVS Pharmacy Networks Over Reimbursement Dispute
January 15th 2019Officials with CVS Health have announced that Walmart has opted to leave the CVS Caremark pharmacy benefit management (PBM) commercial and Managed Medicaid retail pharmacy networks due to a disagreement over reimbursement increases.
How Can Pharmacists Approach Reimbursement Challenges to Improve Biosimilar Use?
December 4th 2018At the 2018 ASHP Midyear Clinical Meeting and Exhibition, Ashley Mains Espinosa, PharmD, Director of System Pharmacy Business Services at SCL Health, offered advice on how pharmacy providers can work to overcome biosimilar reimbursement challenges and encourage biosimilar adoption.
How Can Stakeholders Collaborate to Create a Patient-Centric Health Care System?
October 1st 2018Luis Torres, MBA, Vice President, Managed Care, BioPlus Specialty Pharmacy, discusses how collaboration between health care stakeholders is necessary to further the push towards a system that revolves around the patient.
Study: Use of Generic Combination Drugs Could Have Drastically Reduced Medicare Spending
August 29th 2018Spending for the 10 most expensive brand name combination drugs could have been reduced by an estimated $2.7 billion between 2011 and 2016 if lower-cost generics had been prescribed, according to researchers.