AHCA, pharmacy groups buck federal drug regulations
Long-term care pharmacies should be exempt from the new drug repackaging guidelines proposed by FDA, according to several health care groups. The guidelines, first proposed last year, would impose harsher regulations on drug repackaging, including repackaging timeframes and where the packaging can take place. The American Health Care Association, the Senior Care Pharmacy Coalition (SCPC), and the American Society of Consultant Pharmacists assert in a recent letter to FDA that “there is no evidence that LTC pharmacy repackaging has ever created a health or safety issue for LTC residents.” Alan Rosenbloom, president and CEO of SCPC, added that the regulations would increase product waste and increase costs by requiring LTC pharmacies to outsource or limit their repackaging activities. The groups said that if the FDA guidance is finalized as proposed, it “would require all LTC pharmacies to either leave the LTC business or register as repackagers—something that the typical LTC pharmacy consisting of a single facility with under $5 million in revenue can ill afford to do.”
Recent Posts
-
SCPC Releases Statement in Support of Government Accountability Office (GAO) Report on the Inflation Reduction Act
SCPC has repeatedly warned about the impact of the Inflation Reduction Act’s (IRA) mandatory Medicare drug price negotiations on LTC pharmacies and the millions of vulnerable seniors they serve. We are glad the Government Accountability Office (GAO) is examining how these policies are affecting pharmacies, particularly LTC pharmacies, which already operate under a broken reimbursement model that often requires them to dispense many of the most commonly used medications at a loss.
-
SCPC Applauds President Trump’s Executive Order Calling on HHS and Congress to Improve the IRA, Rein In PBMs and Lower Drug Costs
The Senior Care Pharmacy Coalition (SCPC), the leading national voice for the long-term care (LTC) pharmacy community, released the following statement applauding President Trump’s recent Executive Order aimed at improving the Inflation Reduction Act (IRA), lowering drug prices and addressing the harmful actions of PBMs. “For far too long, pharmacy benefit managers (PBMs) have taken […]
-
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.
Stay in the Know
Get the latest news and updates on issues impacting the long-term pharmacy community.