As Shkreli Puts Face on Drug Pricing Abuses, PBM Reimbursement Trends Analysis Prompts Long-Term Care Pharmacy Group to Call for Increased 2016 Congressional Investigation

Washington, DC — With former Turing Pharmaceuticals CEO Martin Shkreli significantly raising the public profile of prescription drug pricing abuses, the Senior Care Pharmacy Coalition (SCPC) is stepping up its criticism of anti-competitive pharmacy benefit manager (PBM) pricing practices by pointing to Avalere Health pharmacy data, which SCPC argues demonstrates PBMs’ pricing methodology leads to arbitrary and capricious reimbursement – warranting greater Congressional scrutiny and oversight in 2016…Read More

New Avalere Health Study Reveals Substantial Variation in PDP/PBM Reimbursements for Most Commonly Prescribed Drugs in Long Term Care Settings

Washington, DC – Amid growing scrutiny of Pharmacy Benefit Manager (PBM) pricing practices, along with increasing concern from Congress, regulators and consumer groups about the rapid pace and broader implications of U.S. health sector mergers and consolidations, the Senior Care Pharmacy Coalition (SCPC) today released a new analysis of long term care (LTC) pharmacy transaction data…Read More

New Avalere Health Study Details Stark Differences Between LTC and Retail Pharmacies

Washington, DC – Continuing its focus on America’s growing long term care (LTC) pharmacy sector as detailed by a new Avalere Health study, “Long-Term Care Pharmacy: The Evolving Marketplace and Emerging Policy Issues,” the Senior Care Pharmacy Coalition (SCPC) today spotlighted the major differences between LTC pharmacies and more commonly known retail pharmacies…Read More

Report: New regs are a bitter pill for LTC pharmacies

Long-Term Living
Long-term care (LTC) pharmacies handle much of skilled nursing’s medication management needs, yet most of them are struggling to survive in the age of Medicare payment reform, according to a new report from Avalere Health…Read More

Value-based payment, consolidation threaten LTC pharmacies, report claims

McKnight’s
The shift to value based payment models, drug repackaging restrictions and consolidations are among the biggest concerns for the long-term care pharmacy sector, according to report released Thursday by research firm Avalere Health and the Senior Care Pharmacy Coalition…Read More

Long Term Care Pharmacy Sector Plays Key, Growing Role in US Seniors’ Care as New Payment, Delivery Models Gain Prevalence

Pharmacy Times
A new Avalere Health study of the nation’s growing long term care (LTC) pharmacy sector – the most detailed analysis since Medicare Part D was implemented in 2006 – finds LTC pharmacies playing a greater role in seniors’ clinical care as new health payment and delivery models such as Accountable Care Organizations (ACOs), bundled payments and value-based purchasing proliferate amid a rapidly changing healthcare marketplace…Read More

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