The drug product identifier used by pharmacies to submit prescription claims — the NDC (National Drug Code) number for the majority of those products — is going to run out of numbers sometime in the next decade.
National Community Pharmacists Association Independent Pharmacist of the Year Randy P. McDonough, R.Ph., Pharm.D., and partner Mike Deninger, Ph.D., have a rallying cry to explain the paradigm shift they are making at their two pharmacies in Iowa: ”Free up the pharmacist.” Find out what they are doing to implement a successful clinical practice model.
More from the May/June 2017 Cover Story, Raising the Bar in Long-Term Care Pharmacy... Tabula Rasa Healthcare CEO Cal Knowlton offers a couple of thoughts for us to ponder regarding pharmacy in general and LTC pharmacy in particular, including the medication safety metrics by which pharmacy will be measured.
More from the May/June 2017 Cover Story, Raising the Bar in Long-Term Care Pharmacy... Tim Tannert, R.Ph., VP and COO at SoftWriters, shares his thoughts with ComputerTalk’s Maggie Lockwood on the best way to create a robust LTC business for your pharmacy.
More from the May/June 2017 Cover Story, Raising the Bar in Long-Term Care Pharmacy... In January 2013, the Centers for Medicare and Medicaid Services (CMS) implemented a new federal rule, often called the “short-cycle dispensing rule,” aimed at reducing Medicare waste. As a result, billing for these prescriptions has become more complex, lending itself to possible billing errors that can result in lost revenue for pharmacies.
Long-term care (LTC) pharmacies have been on the leading edge of some important trends. For example, they‘re innovators in med sync and adherence packaging and they‘ve built platforms to connect care provider teams. With this record of innovation in mind, we checked in with four closed-door long-term care pharmacies to find out how they are continuing to raise the bar in the profession.
Pharmacy services administrative organizations, or PSAOs, play a central role for today’s independent and small chain pharmacies. Find out how these organizations have evolved and what you should expect from a modern PSAO.
A lot of attention is being given to the topic of medication adherence. Without doubt people not following the prescribed regimen of their prescriptions is one of the drivers for the high cost of healthcare.
As a high quality Pharmacy Services Administrative Organization (PSAO) representing 2,500 pharmacies, Arete Pharmacy Network’s value proposition is two-fold; serving as a channel that delivers high performing pharmacies to payers and an advocate of the pharmacy that strives to reduce the burden of doing business and meeting regulatory and payer requirements.
Over the past few months, the price of drugs has gotten a lot of attention. It was an issue on Capitol Hill, on the campaign trail, and in newspapers, magazines, and television. We’re all familiar with the names Shkreli and Bresch. With all this discussion, there are still no easy answers.