Healthcare Finance News January 31, 2025
CMS should bar PBMs from requiring pharmacies to participate in the program, says association survey.
The National Community Pharmacists Association has submitted comments to the Centers for Medicare and Medicaid Services warning that more than 90% of independent pharmacies may decide, or have already decided, to not stock drugs in the Medicare Drug Price Negotiation Program because of the potential financial losses.
“Pharmacies will have to float thousands of dollars every month waiting for refunds from the manufacturers. That will cause a massive cash flow problem in an environment where thousands of pharmacies have already closed,” said NCPA CEO B. Douglas Hoey.
In its comments, NCPA cited a recent national survey of independent pharmacists that found 93.2% of respondents have...
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