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Pharmacy ALERT: CVS Caremark Demands Retail Pharmacies Accept Mail Order Pharmacy Addendum

In a growing trend, CVS Caremark (Caremark) has joined the ranks of PBMs to begin offering a mail order network in both commercial and Medicare Part D networks. Caremark has recently contacted a number of pharmacies participating in Caremark retail networks requiring they accept a Mail Order Pharmacy Addendum. This notice to pharmacies Caremark has identified to be operating under a "non-standard retail pharmacy model" based on the volume of...

Medical Supply Wholesaler Wins Insurance Coverage Dispute for Abbott Litigation

Last month, the Wisconsin Supreme Court ruled that West Bend Mutual Insurance Co. was required to defend a medical supply wholesaler in a lawsuit alleging it sold "gray market" versions of Abbott Laboratories' diabetes test strips. The Court found that even though Abbott alleged that the wholesaler had acted in an intentional manner, the insurance policy could not escape its "duty to defend" where other claims alleged were covered by...

Frier Levitt Pharmacist Attorney Dae Y. Lee, Pharm.D., Esq. Becomes a Certified Pharmacy Benefits Specialist (CPBS)

Frier Levitt is pleased to announce that Pharmacist Attorney, Dae Y. Lee, Pharm.D., Esq. has become a Certified Pharmacy Benefits Specialist™ (CPBS™). Offered through TransparentRx and accredited by the University of Kentucky School of Pharmacy, the CPBS program is designed to cover relatively complex topics of pharmacy benefit management in order to provide a foundational knowledge required for higher-level evaluation of PBM business operations, fundamentals of PBM pricing, plan design,...

FDA Takes Action on Compounding, Including on Both 503A and 503B Compounding

On February 15, 2019, the Federal Food and Drug Administration (FDA) issued a final rule specific to section 503A of the Federal Food, Drug, and Cosmetic Act (FD&C Act) regarding the list of bulk drug substances that can be used to compound drug products in accordance with section 503A of the FD&C Act. The rule becomes effective March 21, 2019.  Under Section 503A of the FD&C Act in order to...

The Age of Compliance for Healthcare and Life Sciences Organizations

Compliance is a term that is bandied about often nowadays. It is one of the buzzwords in many professions, particularly in healthcare and life sciences, and has been for quite some time. There is a general realization that a compliance program is a positive, but yet many practices and organizations remain without one. So, what is a compliance program and why should you have one? Simply put, a compliance program...