March 2022 - SCPC | Senior Care Pharmacy Coalition

Mar 13, 2025

60 percent of LTC pharmacies warn of closure amid major drug pricing changes

Facing deep losses on high-demand medications, 85% of long-term care pharmacies say they will limit essential services and 60% will close locations without changes to Medicare drug pricing efforts. Those are among the “unintended consequences” revealed in a Senior Care Pharmacy Coalition survey released Wednesday. The trade association has been increasingly vocal about pricing changes set to go into effect in January.

Mar 13, 2025

More than half of LTC pharmacies may close unless Congress takes action, group says

Up to 60% of long-term care pharmacies may have to close if Congress doesn’t intercede by January, according to a report released Wednesday by the Senior Care Pharmacy Coalition.

Mar 12, 2025

New SCPC Member Survey Shows More than Half of America’s LTC Pharmacies May Close Locations Without Congressional Action

The Senior Care Pharmacy Coalition, the leading national voice for the long-term care (LTC) pharmacy community which provides essential and legally required services for millions of seniors in nursing homes and assisted living facilities across the country, today released the results of a new member impact survey on the unintended consequences of Medicare Part D price negotiation policies included in the Inflation Reduction Act.

Mar 15, 2024

Senior Care Pharmacy Coalition Shares Comments with CMS Regarding Medicare Part D Restructuring Guidance: “Smoothing Provisions”

SCPC filed comments with CMS in response to their guidance on the implementation of the Medicare Part D restructuring portion of the Inflation Reduction Act (IRA).

Mar 11, 2024

Drug pricing efforts threaten ‘very existence’ of LTC pharmacies: reps

President Biden in his State of the Union address last week vowed to end “Big Pharma’s” grip on prescription drug pricing and cut costs for seniors and taxpayers by another $200 million.
But the president’s plans to expand his administration’s first-ever Medicare drug price negotiations could spell big trouble for the pharmacists who support seniors living in long-term care settings, advocates warned in response.

Mar 8, 2024

President Biden Announces Desire to Cap Drug Prices for All Americans

In the State of the Union Address on March 7th, President Joseph Biden announced a proposal to expand the number of drugs targeted for annual price negotiations by Medicare and lower prescription drug costs for American families.

Mar 7, 2024

SCPC Highlights Devastating Impact of Medicare Drug Price Negotiations On LTC Pharmacies

The Senior Care Pharmacy Coalition (SCPC), the leading national voice for the long-term care pharmacy (LTC) community, released a statement today highlighting the disproportionate and devastating impact Medicare drug price negotiations will have on LTC pharmacies. This looming crisis will only be exacerbated by President Biden’s recently announced proposal to significantly increase the number of drugs targeted for annual negotiations.

Mar 24, 2023

Check out SCPC CEO Alan Rosenbloom on the Pharmacy Podcast Network’s “PBM Reform Podcast”

SCPC President and CEO Alan Rosenbloom speaks with the Pharmacy Podcast Network the importance of advocating for PBM reform, the status of the LTC Pharmacy Definition Act, LTC Pharmacy at-home, drug pricing legislation and its implications for LTC Pharmacy, and more.

Mar 10, 2023

SCPC Applauds House Oversight and Accountability Committee Chair James Comer for Launching Investigation into PBM Practices

The Senior Care Pharmacy Coalition (SCPC), the only Washington-based organization exclusively representing the interests of long-term care (LTC) pharmacies, applauds House Committee on Oversight and Accountability Chairman James Comer (R-KY) for launching an investigation into pharmacy benefit managers (PBMs) and their tactics that are harming patient care and increasing costs for many patients.