Drug Topics March 26, 2025
A conversation with Rob Frankil, RPh, executive director of the Philadelphia Association of Retail Druggists.
Over 300 pharmacies in the United States have closed since late December 2024, according to an analysis from the American Economic Liberties Project.1 In the report, the authors laid the blame largely on pharmacy benefit managers (PBM) and the abandonment of reforms by Congress.
Emma Freer, senior policy analyst for healthcare at the Economic Liberties Project, said in a release that “without Congressional intervention, the Big Three PBMs [CVS Caremark, Express Scripts, and OptumRx] have continued to abuse their market power, squeezing at least 326 pharmacies—237 of them independent—out of business in fewer than 10 weeks and stranding their most vulnerable patients in pharmacy deserts...
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