Pharmacy Technician Pulse

Holding pharmacy benefit managers accountable

PhRMA

FEBRUARY 23, 2023

If policymakers are serious about addressing high out-of-pocket costs for patients, they should start by taking steps to finally hold pharmacy benefit managers (PBMs) accountable.

Insurance

Stopping pharmacy benefit managers from “gaming the system”

PhRMA

FEBRUARY 22, 2023

Doing so starts with stopping pharmacy benefit managers (PBMs) from taking advantage of the health system and patients. People around the country say they are paying too much for their prescription medicines. State policymakers could help address this problem now.

Insurance

Artificial Intelligence Helps Simplify Managed Care Pharmacy Workflow, Processes

Pharmacy Times

OCTOBER 18, 2023

Artificial intelligence and machine learning can significantly benefit managed care pharmacy, specifically in contract reading and interpretation.

STAT+: White House to hold a listening session on reforming pharmacy benefit managers

STAT

FEBRUARY 28, 2024

In a bid to combat prescription drug costs, the White House will hold a listening session on Monday in search of ways to reform pharmacy benefit managers , according to people familiar with the plans. Critics say these middlemen rely on an opaque process that drives up costs for patients and taxpayers.

Insurance

5 Reasons to Upgrade Your Pharmacy Management Software

Are you still using workarounds to manage your daily operations? To achieve peak performance, it's time to explore other options for specialty and infusion pharmacy software. Streamline pharmacy operations and improve clinical performance with automated processing, real-time data exchange, and electronic decision support.

Pharmacy Management Software

STAT+: FTC says pharmacy benefit managers are stonewalling requests for information

STAT

FEBRUARY 27, 2024

The inquiry was begun by the Federal Trade Commission in response to the role that pharmacy benefit managers play in the cost of prescription medicines.

Documentation

Documentation Insurance

What States are Doing to Regulate Pharmacy Benefit Managers

Drug Topics

MARCH 25, 2024

In a poster presented at the 2024 American Pharmacists Association Annual Meeting and Exposition, researchers assessed state-level regulations for PBMs.

Five Key Sessions at the Academy of Managed Care Pharmacy Nexus 2023 Conference

Pharmacy Times

OCTOBER 11, 2023

Pharmacy Times will be providing exclusive session coverage and interviews with presenters for the Academy of Managed Care Pharmacy Nexus 2023 conference.

FTC adds a third GPO to its investigation into pharmacy benefit managers

Fierce Healthcare

JUNE 9, 2023

The Federal Trade Commission is building out its deep dive into the pharmacy benefit management industry yet again. | The Federal Trade Commission is building out its deep dive into the pharmacy benefit management industry yet again.

Pharmacy Focus: On The Shelf - Managing Burnout, Mental Health

Pharmacy Times

JULY 12, 2022

On this week's episode, Joanna speaks with Carlene Link, PharmD, a clinical pharmacist and integrative life coach, about burnout, managing mental health, and the state of pharmacy.

FTC expands probe into pharmacy benefit managers to GPOs

Fierce Healthcare

MAY 17, 2023

FTC expands probe into pharmacy benefit managers to GPOs pminemyer Wed, 05/17/2023 - 16:36

Managing Burnout in the Pharmacy

Pharmacy Times

SEPTEMBER 25, 2023

Physical symptoms of burnout can include headaches, digestive problems, sleep disturbances, and increased susceptibility to illnesses due to a weakened immune system.

Immunization

Tips for Managing Drug Shortages at Your Pharmacy

Digital Pharmacist

JANUARY 19, 2023

Within this blog, we will look deeper into the causes of drug shortages and what your pharmacy can do to manage them. A drug shortage is a supply issue that affects how the pharmacy prepares or dispenses a drug product. The post Tips for Managing Drug Shortages at Your Pharmacy appeared first on Digital Pharmacist.

Communication

The State of Pharmacy Benefit Managers [2022 Report]

PioneerRx

NOVEMBER 29, 2022

The pharmacy industry is complex, both in healthcare and commerce. Learn about what independent pharmacists feel about the role of a pharmacy benefit manager in.

Regulatory Review: Legislative Actions Poised to Impact Pharmacy Inventory Management

Drug Topics

APRIL 13, 2023

Recent legislation and regulatory updates will impact pharmacy inventory management in the coming months.

STAT+: FTC widens probe into pharmacy benefit managers to include group purchasing organizations

STAT

MAY 17, 2023

The Federal Trade Commission is widening its probe into pharmacy benefit managers and their impact on drug pricing by looking into a pair of group purchasing organizations that are owned by these industry middlemen, but are not well understood outside the industry.

Documentation

Documentation Insurance

Your Pharmacy Inventory: 4 Ways to Manage Your Shelves

PioneerRx

OCTOBER 24, 2023

Your pharmacy’s shelves aren’t going to fill themselves. Pharmacy inventory management has rarely seemed more precarious. There are shortages seemingly.

STAT+: How a key Senate committee is planning to regulate pharmacy benefit managers

STAT

JULY 13, 2023

WASHINGTON — A key Senate health care panel has developed a plan to tackle reforms to middlemen in the pharmacy drug payment system, according to bill text obtained by STAT. The draft legislation, authored by Senate Finance Chair Ron Wyden (D-Ore.)

340B Auditing and Management in Contract Pharmacies

Pharmacy Times

MARCH 11, 2024

Contract pharmacies should work to stay in a perpetual state of audit readiness

STAT+: FTC plans to reverse years of policy statements supporting pharmacy benefit managers

STAT

JULY 20, 2023

Federal Trade Commission is reversing years of prior advocacy in support of pharmacy benefit managers amid increased scrutiny of the controversial role these companies play in the U.S. Pharmacy benefit managers, linchpins in the pharmaceutical pricing system, are under a microscope for allegedly driving up consumer costs.

Mail-Order Pharmacies

Integrating Treatment Protocols and Community Pharmacy in HE Management

Pharmacy Times

MAY 7, 2024

Riello, PharmD, BCPS, and Chas McCormick, RPh, MBA, highlight the crucial role of pharmacies in providing unbiased patient education. Arun Jesudian, MD; Ralph J.

Community Pharmacies

STAT+: Ohio attorney general accuses pharmacy benefit managers of drug price fixing

STAT

MARCH 27, 2023

The Ohio attorney general filed a lawsuit on Monday accusing three large pharmacy benefit managers of fixing prices for various medicines, the latest effort to scrutinize the controversial companies that occupy a crucial role in pharmaceutical pricing.

FTC launches probe into pharmacy benefit management sector

pharmaphorum

JUNE 8, 2022

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 post FTC launches probe into pharmacy benefit management sector appeared first on.

Independent Pharmacies

RFID Technology’s Pivotal Role in Modern Pharmacy Management

Pharmacy Times

OCTOBER 30, 2023

RFID technology encompass a wide range of applications, including inventory management, medication authentication, patient adherence, and workflow efficiency.

Using Data Analytics to Manage Pharmacy Inventory

Drug Topics

MARCH 23, 2023

Crunching the numbers can help pharmacies stay on top of their inventory.

Burnout at Work: How to Manage Pharmacy Fatigue in 2024

PioneerRx

MARCH 19, 2024

Pharmacy work is demanding. A day in the pharmacy. One minute you’re at the drive thru. The next, you’re answering phone calls or submitting vaccination claims.

Vaccines

GAO Releases Report on States’ Regulation of PBMs

Drug Topics

APRIL 19, 2024

Representatives from the US Government Accountability Office (GAO) interviewed regulators from 5 states on pharmacy benefit manager laws.

Independent Pharmacies Continue to Face Financial Hardships as the Clock Ticks on PBM Reform

Drug Topics

MARCH 7, 2024

As pharmacy benefit managers gain leverage to continue driving up drug prices, local pharmacies struggle to keep up and Congress has been called to act—but it might be too late

Independent Pharmacies

Pharmacy Focus: Psychedelic Pharmacy - Managing Potential Adverse Effects With Psychedelic Medicines

Pharmacy Times

MAY 19, 2023

Rick Strassman, MD, a clinical researcher, author, and expert in psychedelic medicines, sat down to discuss pharmacists' role in adverse event management.

Experts: It Will Take More Than Government Regulation of Pharmacy Benefit Managers to Lower Drug Costs

PharmExec

NOVEMBER 14, 2023

Proposed legislation aims to address pharmacy benefit manager tactics to reduce prescription drug prices.

New PhRMA Ad Campaign Sheds Light on PBM Abuses

PhRMA

MAY 1, 2023

The Pharmaceutical Research and Manufacturers of America (PhRMA) today launched a new ad campaign that continues to shed light on the role of pharmacy benefit managers (PBMs) in driving up health care costs and denying coverage of lifesaving medicines.

Exploring Ethical Decision-Making in Oncology Pharmacy

Drug Topics

APRIL 29, 2024

A Q&A with Karen Fancher, PharmD, associate professor of pharmacy practice at Duquesne University School of Pharmacy, on applying ethical principles to manage complex situations in oncology pharmacy.

Senate hearing to examine bipartisan reforms to rein in middlemen

PhRMA

FEBRUARY 16, 2023

Did you know that insurance companies use middlemen — known as pharmacy benefit managers (PBMs) — to decide what medicines people can get and what people pay out of pocket for those medicines?

Insurance

Slideshow: Pharmacists’ Ability to Improve Patient Care in Cancer Medication Management Services

Drug Topics

APRIL 5, 2024

In 4 posters presented at the Hematology/Oncology Pharmacy Association Annual Conference 2024, researchers addressed pharmacists’ role in managing patients’ anticancer medications.

Patient Care

There Are Increasing Opportunities for Community Pharmacies to Help Patients With Anemia in Condition Management

Pharmacy Times

NOVEMBER 27, 2023

Pharmacies have the potential to introduce testing services, promote public health campaigns, collaborate with anemia-led clinics, and get more prescribing rights to diagnose anemia.

Community Pharmacies

Addressing Misconceptions Around Opening A Medicare-Focused Insurance Agency

Drug Topics

APRIL 11, 2024

Joe McKamey, general manager at Marcrom’s Pharmacy, highlights the potential pitfalls or misconceptions that pharmacies may encounter when opening a Medicare-focused insurance agency.

Insurance

How Technology Can Support Health System Pharmacy with COVID-19 Vaccine Management

Omnicell

JANUARY 10, 2023

The vaccine rollout brings unique logistical challenges, especially for health system pharmacy as they need to manage inventory across multiple, diverse locations. The key to operational and cost efficiencies in the pharmacy supply chain starts with visibility. million shots have been administered in the U.S.

Vaccines

Vaccines Omnicell Documentation Compounding

Medicare-Focused Insurance Agency Could Benefit Independent Pharmacies

Drug Topics

APRIL 19, 2024

A Q&A with Joe McKamey, general manager at Marcrom’s Pharmacy in Manchester, Tennessee.

Independent Pharmacies

Independent Pharmacies Insurance

A Further Examination of Pharmacy Benefit Managers

Pharmaceutical Commerce

MARCH 29, 2024

Brandon Newman joins The Pharmaceutical Commerce Podcast to discuss the evolving role of PBMs, including the importance of drug price transparency.

Future of Pharmacy Podcast: Achieving the Delicate Balance with OR Medication Management

Omnicell

JANUARY 10, 2023

Len Hom Director, Product Marketing, Omnicell With anesthesia providers and pharmacies on the same page, patients can benefit from a seamless experience in an operating room (OR). Ensuring safe medication management in the OR is of critical importance. Find out more in the latest episode of the Future of Pharmacy Podcast.

Controlled Substances

Controlled Substances Omnicell Medication Dispensing Documentation

Elevance Health's CarelonRx rolling out new specialty pharmacy savings tool for employers

Fierce Healthcare

APRIL 26, 2024

Elevance Health's pharmacy benefit manager CarelonRx is launching a new solution that aims to make it easier for employers to plan for the future around specialty pharmacy costs while connecting me | CarelonRx is launching a new solution that aims to make it easier for employers to plan for the future around specialty pharmacy costs, while connecting (..)

Specialty Pharmacies

Medically Integrated Dispensing Pharmacies Access Patient Medical Records To More Effectively Manage Patients

Pharmacy Times

OCTOBER 18, 2023

Medically integrated dispensing specialty pharmacies can connect patient medical and pharmacy records to improve medication adherence and help patients to safely stay on them for longer.

Medical Records

Medical Records Specialty Pharmacies

Technicians Are Crucial to Managing the Flow of an Independent Pharmacy

Pharmacy Times

MARCH 14, 2024

During a time of staff shortages and increasing stress, the need to have an efficient workflow is of vital importance.

Independent Pharmacies

How Technology Has Changed the Pharmacy Landscape

Drug Topics

FEBRUARY 23, 2024

During a session at the Outcomes 2024 SYNC National Conference, Pacience Edwards, PharmD, manager of compliance at Outcomes, discussed the impacts that advancements in technology have had on pharmacy.

Holding pharmacy benefit managers accountable

Stopping pharmacy benefit managers from “gaming the system”

Trending Sources

Artificial Intelligence Helps Simplify Managed Care Pharmacy Workflow, Processes

STAT+: White House to hold a listening session on reforming pharmacy benefit managers

5 Reasons to Upgrade Your Pharmacy Management Software

STAT+: FTC says pharmacy benefit managers are stonewalling requests for information

What States are Doing to Regulate Pharmacy Benefit Managers

Five Key Sessions at the Academy of Managed Care Pharmacy Nexus 2023 Conference

FTC adds a third GPO to its investigation into pharmacy benefit managers

Pharmacy Focus: On The Shelf - Managing Burnout, Mental Health

FTC expands probe into pharmacy benefit managers to GPOs

Managing Burnout in the Pharmacy

Tips for Managing Drug Shortages at Your Pharmacy

The State of Pharmacy Benefit Managers [2022 Report]

Regulatory Review: Legislative Actions Poised to Impact Pharmacy Inventory Management

STAT+: FTC widens probe into pharmacy benefit managers to include group purchasing organizations

Your Pharmacy Inventory: 4 Ways to Manage Your Shelves

STAT+: How a key Senate committee is planning to regulate pharmacy benefit managers

340B Auditing and Management in Contract Pharmacies

STAT+: FTC plans to reverse years of policy statements supporting pharmacy benefit managers

Integrating Treatment Protocols and Community Pharmacy in HE Management

STAT+: Ohio attorney general accuses pharmacy benefit managers of drug price fixing

FTC launches probe into pharmacy benefit management sector

RFID Technology’s Pivotal Role in Modern Pharmacy Management

Using Data Analytics to Manage Pharmacy Inventory

Burnout at Work: How to Manage Pharmacy Fatigue in 2024

GAO Releases Report on States’ Regulation of PBMs

Independent Pharmacies Continue to Face Financial Hardships as the Clock Ticks on PBM Reform

Pharmacy Focus: Psychedelic Pharmacy - Managing Potential Adverse Effects With Psychedelic Medicines

Experts: It Will Take More Than Government Regulation of Pharmacy Benefit Managers to Lower Drug Costs

New PhRMA Ad Campaign Sheds Light on PBM Abuses

Exploring Ethical Decision-Making in Oncology Pharmacy

Senate hearing to examine bipartisan reforms to rein in middlemen

Slideshow: Pharmacists’ Ability to Improve Patient Care in Cancer Medication Management Services

There Are Increasing Opportunities for Community Pharmacies to Help Patients With Anemia in Condition Management

Addressing Misconceptions Around Opening A Medicare-Focused Insurance Agency

How Technology Can Support Health System Pharmacy with COVID-19 Vaccine Management

Medicare-Focused Insurance Agency Could Benefit Independent Pharmacies

A Further Examination of Pharmacy Benefit Managers

Future of Pharmacy Podcast: Achieving the Delicate Balance with OR Medication Management

Elevance Health's CarelonRx rolling out new specialty pharmacy savings tool for employers

Medically Integrated Dispensing Pharmacies Access Patient Medical Records To More Effectively Manage Patients

Technicians Are Crucial to Managing the Flow of an Independent Pharmacy

How Technology Has Changed the Pharmacy Landscape

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