The Happy PharmD
NOVEMBER 19, 2024
This mass closure affects both large chains like CVS, Walgreens, and Rite Aid, as well as smaller independent pharmacies that serve rural and underserved communities. The high costs eat into pharmacy budgets, leaving smaller margins for profit. As pharmacy deserts begin to emerge, it’s clear that access to healthcare is at risk.
Ramblings of a pharmacist
APRIL 19, 2022
In his comment, he claimed that the number of independent pharmacies has grown over the past 10 years, and the PBM market is plenty competitive because there are over 70 PBMs! ” I think that getting involved in fights over whose method to count pharmacies is better is silly and pointless. Here’s why.
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Ramblings of a pharmacist
JUNE 27, 2022
If you walk into an independent pharmacy and ask them how much money they make on branded drugs, you’ll probably hear several curses about PBMs (and maybe about wholesalers). This is because the market for branded drugs is upside down for pharmacies. regardless of your cost of goods.
Digital Pharmacist
APRIL 13, 2023
In this changing environment, independent pharmacies face increasing competition from retail, online, regional, and mail-order pharmacies. In numerous studies, retail pharmacies are continuously selected by patients because of their proximity to home and acceptance of their insurance.
Ramblings of a pharmacist
JUNE 25, 2022
In actuality, he would’ve paid $621, not $606, because Wellcare Value Script doesn’t allow independent pharmacies in their “preferred network” (preferred networks are about cost, not quality). That little bit of extra staff makes a big difference in the pharmacist’s ability to take the time to talk to you.
STAT
APRIL 16, 2025
Sarah Sanders has signed a first-in-the-nation law that prohibits pharmacy benefit managers from operating both retail and mail-order pharmacies, a move designed to eliminate a conflict of interest that has been blamed for boosting the price of medicines and forcing independent pharmacies to close.
STAT
APRIL 10, 2025
” An Arkansas bill that would prohibit pharmacy benefit managers from operating retail and mail-order pharmacies was passed by the state senate and is now headed to Gov. And it arrives as scrutiny of pharmacy benefit managers and their role in the opaque pricing of prescription drugs has increased dramatically.
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