Specialty drug pricing pushing limits for hospital pharmacies
March 26th 2014Specialty drug pricing and generic drug pricing, especially around single-source generics during their exclusivity period, should be on the radar screens of hospital and managed care decision-makers, according to Catamaran’s 2013 Drug Trend data, which represents 25 million consumers.
Financial hardship in chronically ill may lead to medication underuse
March 26th 2014Chronically ill adults don’t have consistent access to food due to lack of financial stability were significantly more likely to report cost-related medication underuse, according to a new study published in The American Journal of Medicine. Cost-related medication underuse refers to taking less medication than prescribed, or not taking it at all because of financial concerns.
How to manage skin abscesses with MRSA
March 26th 2014More than a decade after the clinical battle began with community-acquired methicillin-resistant Staphylococcus aureus (MRSA), physicians are still trying to figure out how to diagnose, treat, and prevent this virulent form of staph infection, which is immune to many antibiotics.
Walgreens to close 76 drugstores in 2014
March 25th 2014Walgreens plans to close 76 of its drugstores nationwide between April and August 2014, which amounts to less than 2% of its stores, due to store density and non-optimal real estate, Walgreens President and CEO Greg Wasson, said during a conference call on March 25.
Find out how to boost hospital pharmacies’ profits
March 24th 2014There are many untapped opportunities for hospital pharmacies to boost their bottom lines, including expanding their services and capturing more reimbursements, according to Mary Baxter, RPh, vice president and national practice leader for Cardinal Health’s Innovation Delivery Solutions business.
How to avoid vaccine administration errors
March 24th 2014Influenza, zoster, hepatitis A, hepatitis B, and the diphtheria and tetanus toxoids and acellular pertussis adsorbed (DTaP) are among the most common vaccines involved in medication errors in the United States, according to a new report from the Institute for Safe Medication Practices (ISMP).
Feds probing alleged Walgreens HIPAA violations
March 21st 2014The U.S. Department of Health and Human Services’ (HHS) Office for Civil Rights has launched an investigation into alleged patient- privacy violations at Walgreens, following complaints that chain’s new pharmacy design is putting sensitive patient information at risk, according to the Wall Street Journal.
Perioperative statin therapy helps reduce VTE complications
March 18th 2014When used in conjunction with conventional blood clot prevention therapies, statins significantly reduced the risk for venous thromboembolic (VTE) events following total joint replacement (TJR) surgery, according to research presented recently at the 2014 Annual Meeting of the American Academy of Orthopaedic Surgeons (AAOS).
FDA approves exenatide ER pen for diabetes
March 17th 2014Bringing a new tool to the arsenal of medications to treat type 2 diabetes, FDA recently approved the only once-weekly injectable pen for adults with type 2 diabetes-exenatide extended-release for injectable suspension (AstraZeneca, Bydureon Pen).
ISMP calls for FDA action on dabigatran bleeding risk
March 14th 2014The high risk of bleeding in patients taking the anticoagulant dabigatran (Pradaxa) has been a major problem that the manufacturer and health experts have been trying to find solutions for over the last four years. Sixteen percent of patients experienced a bleed in one year, including 3.3% who had bleeds that required emergency medical treatment, according to one clinical trial.
NCPA advocates for Iowa drug pricing transparency bill
March 14th 2014The National Community Pharmacists Association is asking Iowa’s Gov. Terry Branstad to sign into law H.F. 2297 legislation that would provide a level of transparency for how pharmacy benefit managers (PBMs) determine reimbursement for multiple source generic drugs. The legislation would give the insurance commissioner authority to request information from PBMs in Iowa, according to a March 11 letter from NCPA to the governor.
Pharmacist must repay Medicaid $1 million
March 13th 2014After pleading guilty to unlawful importation of drugs, a San Diego pharmacist has been ordered to repay Medicare $1 million.William Burdine, 65, owner of the Alvarado Medical Plaza Pharmacy in San Diego, was also sentenced to eight months of home confinement, 240 hours of community service, five years of probation, and a $10,000 fine.