Are digital pharmacies the answer?

World of DTC Marketing

Digital pharmacies seem to be springing up everywhere. It’s convenient for most but having a CVS pharmacy on almost every street corner allows patients to use drive-throughs to pick up their medications. Where does this leave digital pharmacies?

The discovery of a new and compounding cybersecurity threat to pharmacies

Pharma Phorum

Sam Crowther, founder and CEO of cybersecurity company Kasada, tells us about a recent discovery his company made that revealed tens of thousands of accounts with prescription drug attachments in major online pharmacies had been compromised.

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Introducing AllianceRx Walgreens Pharmacy

Pharmaceutical Commerce

Specialty and home delivery pharmacy updates name, commits to prioritizing patients.

Pharmacist Job Market in 2021: Retail Pharmacy Slump, Hospital Boom

Drug Channels

The retail pharmacy shakeout affected 2021 pharmacist employment. We found that retail pharmacies and drugstores employed fewer pharmacists, while hospitals and outpatient centers continued to add positions. Hospitals Industry Trends Pharmacy Pharmacy Economics

Small Pharmacies Walk Away from Medicare Part D’s 2023 Preferred Networks

Drug Channels

In yesterday’s post , I highlighted the largest pharmacy chains that will participate in the 2023 Medicare Part D prescription drug plans (PDP). However, smaller pharmacies’ near-total rejection of preferred networks shows that the more the PBMs talk, the less independents can take.

Drugs 52

Exclusive: Five Pharmacy Chains and PBMs Dominate 2022’s Still-Booming 340B Contract Pharmacy Market

Drug Channels

Despite what you may have heard, pharmacy participation in the 340B Drug Pricing Program continues to thrive. Drug Channels Institute’s latest analysis reveals that an astonishing 32,000 pharmacy locations —more than half of the entire U.S.

Dispensing Pharmacy Packaging Machines: COVID-19 Impact

Pharma Mirror

The ability to repackage and bar code drugs to the unit of usage is becoming increasingly necessary in health-system pharmacies. Benefits for pharmacies that invest in a high-throughput unit dose packing machine include improved productivity and management of bar-coded medicine stock. The post Dispensing Pharmacy Packaging Machines: COVID-19 Impact appeared first on Pharma Mirror Magazine.

Humana Launches CenterWell Pharmacy and CenterWell Specialty Pharmacy

BioTech 365

Humana Launches CenterWell Pharmacy and CenterWell Specialty Pharmacy Humana Launches CenterWell Pharmacy and CenterWell Specialty Pharmacy CenterWell brand reinforces ongoing strong commitment to service, quality and safety.

COVID-19 lateral flow tests available from pharmacies

Druggist

A new pharmacy service was recently launched in England, which allows the public to collect free COVID-19 lateral flow tests (lateral flow devices – LFDs) from community pharmacies. Do all pharmacies participate in COVID lateral flow test?

European-wide review on how community pharmacies dealt with COVID

Scienmag

A NETWORK of community pharmacies must be involved in future country preparedness plans for public health emergencies, such as the COVID19 pandemic, when a rapid response to massive population is needed within a short time frame.

NOW AVAILABLE: The 2022 Economic Report on U.S. Pharmacies and Pharmacy Benefit Managers

Drug Channels

Pharmacies and Pharmacy Benefit Managers , available for purchase and immediate download. Pharmacies and Pharmacy Benefit Managers , our 13th edition, provides a comprehensive, fact-based, and non-partisan tool for understanding the entire U.S.

Available for Preorder: The 2022 Economic Report on U.S. Pharmacies and Pharmacy Benefit Managers

Drug Channels

Pharmacies and Pharmacy Benefit Managers. As always, we have updated all market and industry data with the most current information available, including our annual analyses of the market positions of the largest pharmacies, specialty pharmacies, and PBMs.

Behind the GoodRx-Express Scripts Partnership: How PBMs Profit from Discount Cards in Pharmacy Benefits

Drug Channels

The rise of discount card pricing within pharmacy benefit plans is a positive development. However, I suspect few people understand that placing discount cards within the pharmacy benefit enables a PBM to monetize a new fee stream from the card vendor.

Guardian Pharmacy Services Expands to Nebraska Through Partnership with Midwest LTC Pharmacy

BioTech 365

Guardian Pharmacy Services Launches New Minneapolis, Minn. Pharmacy

BioTech 365

Guardian Pharmacy Services Launches New Minneapolis, Minn. Pharmacy Guardian Pharmacy Services Launches New Minneapolis, Minn.

U.S. Pharmacy Chains Harm Patients With Medication Errors; NABP Appears Silent

Pharmacy Checkers

When you go to your local CVS and Walgreens – and other big pharmacy chains – are you getting the highest standard of care? Have these pharmacies gone rogue? Yet the National Association of Boards of Pharmacy (NABP) doesn’t seem to be paying much attention to medication errors at U.S.

Supermarkets Again Dash Past CVS and Walgreens in 2022’s Part D Pharmacy Networks

Drug Channels

Our exclusive analysis of these numbers finds that for 2022, an astounding 99% of seniors are enrolled in the wonderland of PDPs with preferred pharmacy networks. Pharmacies and Pharmacy Benefit Managers. Pharmacies and Pharmacy Benefit Managers.

Supermarkets Again Dash Part CVS and Walgreens in 2022’s Part D Pharmacy Networks

Drug Channels

Our exclusive analysis of these numbers finds that for 2022, an astounding 99% of seniors are enrolled in the wonderland of PDPs with preferred pharmacy networks. Pharmacies and Pharmacy Benefit Managers.

Good Neighbor Pharmacy Celebrates 40 Years of Elevating Independent Community Pharmacy at ThoughtSpot 2022

BioTech 365

The Retail Pharmacy Outlook for 2022

Drug Channels

As I have highlighted in previous posts, retail pharmacies are experiencing a period of intense competition that continues to pressure prescription profits. What's more, the pharmacy shakeout is accelerating, as smaller competitors exit and larger companies reduce store count. .

Mapping the Vertical Integration of Insurers, PBMs, Specialty Pharmacies, and Providers: A 2022 Update

Drug Channels

The other is my mapping of the insurer/PBM/specialty pharmacy/provider organizations that now dominate U.S. Channel Management Mergers and Acquisitions PBMs Pharmacy Specialty DrugsI conservatively estimate that I’ve created about 1,374,613 slides during my career.

Hayat Pharmacy Named Health Mart Pharmacy of the Year

BioTech 365

Hayat Pharmacy Named Health Mart Pharmacy of the Year Hayat Pharmacy Named Health Mart Pharmacy of the Year First ever repeat winner recognized for impassioned patient care, deep community ties IRVING, Texas–(BUSINESS WIRE)–Hayat Pharmacy, part of the Health Mart franchise, … Continue reading → Business Wire

Amber Specialty Pharmacy Earns URAC Rare Disease Pharmacy Center of Excellence Designation

BioTech 365

Amber Specialty Pharmacy Earns URAC Rare Disease Pharmacy Center of Excellence Designation Amber Specialty Pharmacy Earns URAC Rare Disease Pharmacy Center of Excellence Designation OMAHA, Neb.–(BUSINESS

California Pharmacy Professionals Suffering Burnout

BioTech 365

California Pharmacy Professionals Suffering Burnout California Pharmacy Professionals Suffering Burnout SACRAMENTO, Calif.–(BUSINESS Pharmacists and pharmacy technicians are facing increased workloads with … Continue reading → Business Wire

What is a “legitimate” drug or online pharmacy?

Pharmacy Checkers

However, use of the word “legitimate” is found in the DSCSA, and that word is often misused by opponents of drug importation and international online pharmacies – and that got me thinking. What is a legitimate online pharmacy? wholesale pharmacy $80,000.

Pharmacy Forecast 2022 anticipates lasting impact from pandemic-related changes to health-system pharmacy

Scienmag

3, 2021) — Health-system pharmacists responded to COVID-19 disruptions to healthcare by expanding their role in patient care, and these pandemic-related changes will impact the profession in years ahead, according to the 2022 ASHP/ASHP Foundation Pharmacy Forecast Report, released today at the American Society of Health-System Pharmacists (ASHP) Midyear Clinical Meeting & […]. Latest News anticipates forecast healthsystem impact lasting pandemicrelated pharmacy

Five Things to Know About the State of Independent Pharmacy Economics

Drug Channels

Time to update Drug Channels' exclusive look at independent pharmacy owners’ business economics. Our analysis again reveals that despite what you may have heard, many independent pharmacies continue to hang on in a highly challenging retail environment.

Retail Inventory Services Settle for Employee Thefts from Pharmacies

The FDA Law Blog

Company Pays $158,760 to Resolve Claims Related to Controlled Substance Thefts From Pharmacies During Inventory, U.S. Affiliated companies RGIS LLC (“RGIS”) and Retail Services WIS Corporation (“WIS”) provide inventory services to retail stores, including pharmacies, throughout the U.S.

Leading retail pharmacies in pharma

Pharmaceutical Technology

Increasing diagnosis of chronic diseases is expected to lead to fast growth in retail pharmacies. Discover the top retail pharmacies. Pharmaceutical Technology has listed some of the top pharmacies in retail based on its intel, insights, and decades-long experience in the sector.

Preferred Pharmacy Networks in 2023’s Medicare Part D Plans: Cigna, CVS Health, Humana, UnitedHealthcare, WellCare, and More

Drug Channels

Our exclusive analysis of Center for Medicare & Medicaid Services’ (CMS) data reveals that preferred cost sharing pharmacy networks will maintain their dominance as an established component of Part D benefit design. Channel Management Medicare Part D Narrow Networks PBMs Pharmacy

FIP Calls for a focus on Pharmacy Remuneration

Pharma Mirror

The Hague – “A common concern among pharmacy associations worldwide is the long-term financial viability of professional services delivered by pharmacists. The post FIP Calls for a focus on Pharmacy Remuneration appeared first on Pharma Mirror Magazine.

Portuguese initiative wins FIP Pharmacy Practice Improvement Award

Pharma Mirror

The award to the National Association of Pharmacies (ANF), Portugal, was announced today at an online awards ceremony. The post Portuguese initiative wins FIP Pharmacy Practice Improvement Award appeared first on Pharma Mirror Magazine.

Pharmacy Bill: a Kaleidoscope

Pharma Tutor

Pharmacy Bill: a Kaleidoscope. Krupanidhi College of Pharmacy, Bengaluru-560035. Read more about Pharmacy Bill: a Kaleidoscope Log in or register to post commentsDr. R. Thakur. Chief Editor, Journal of Pharmaceutical Research. Email: drramsthakur@gmail.com. . admin.

Amazon’s Pharmacy Doesn’t Break Big Pharma’s Hold of America’s Neck

Pharmacy Checkers

Forgetting about the potential dangers to competition from corporate Leviathan Amazon, that it launched a new online pharmacy this week will certainly appeal to tens of millions of Americans. See: The Walgreens UK Pharmacy Connection and Importation.

Drug Topics® Introduces Complementary Independent Pharmacy Resource Total Pharmacy®

BioTech 365

Drug Topics® Introduces Complementary Independent Pharmacy Resource Total Pharmacy® Drug Topics® Introduces Complementary Independent Pharmacy Resource Total Pharmacy® Total Pharmacy® will run as an insert in the Drug Topics® publication and host content in an additional online environment CRANBURY, N.J.–(BUSINESS

Drug Channels News Roundup, July 2022: CVS vs. NACDS, ICER Impact, Biosimilar Boom, Deductible Doubts, and Alto Pharmacy (and me)

Drug Channels

In this issue: CVS disassociates itself from its chain pharmacy association Payers are paying attention to ICER Benefits of the biosimilar boom A fantastic takedown of health insurance deductibles Plus, I join the Advisory Board of Alto Pharmacy.

How tech-driven hubs in specialty pharmacy can improve the patient experience

Pharma Phorum

Specialty pharmacies now have to be ready to not only meet patient demand, but also provide patients the support they need to secure reimbursement, properly administer the drug, and ensure adherence and optimal outcomes. Specialty pharmacies are no strangers to cloud-based technologies.

Verify Online Pharmacies if Going International with PharmacyChecker Alternative to NABP’s Program

Pharmacy Checkers

PharmacyChecker has proudly announced a new online pharmacy verification tool to make it easier for consumers to determine if a website is safe and accredited through the PharmacyChecker Verification Program. This verification portal can benefit patients, health care providers and caregivers considering lower-cost retail pharmacy options in Canada and other countries. Pharmacy Program” is to help consumers find “legitimate” online pharmacies, which are ones that have registered a “.pharmacy”

Just over half of Michigan pharmacies offer overdose-fighting naloxone without prescription

Scienmag

Despite the ability of any Michigan pharmacy to dispense medication to combat opioid overdose without writing prescriptions, slightly more than half of pharmacies in the state offer the drug in such a way. Latest News Michigan naloxone offer overdosefighting pharmacies prescription

Guardian Pharmacy Services and Southern Pharmacy Services Strengthen N.C. Footprint with Acquisition

BioTech 365

Guardian Pharmacy Services and Southern Pharmacy Services Strengthen N.C. Footprint with Acquisition Guardian Pharmacy Services and Southern Pharmacy Services Strengthen N.C.

FTC launches probe into pharmacy benefit management sector

Pharma Phorum

Longstanding claims that one of the reasons for high drug prices in the US is the actions of pharmacy benefit management (PBM) companies – the middlemen in the supply chain – are being formally investigated by the Federal Trade Commission (FTC).

The GoodRx-Kroger Blowup: Spread Pricing, Pharmacy Margins, and the Future of Discount Cards

Drug Channels

pharmacy. As the market for patient-paid prescriptions has expanded, disputes about the appropriate split of these spreads will pressure pharmacy-PBM relationships and drive change in the discount card business model. Discount Cards PBMs Pharmacy Economics

Drug Channels News Roundup, November 2022: Mark Cuban vs. Elon Musk, Lessons from Semglee, Gen Z vs. Pharmacy Careers, 340B Transparency, and I ? the 90s

Drug Channels

In this issue: Mark Cuban schools Elon Musk on PBMs Market access lessons from Semglee Gen Z rejects the pharmacy career path A potent call for 340B transparency Plus, get ready to love the ‘90s again! 340B Biosimilars Gross-to-Net Bubble PBMs Pharmacy