Pharmacy ALERT: PSAO EPIC Pharmacies’ Notice of GER Deductions for the Calendar Year 2018
Pharmacy Services Administrative Organization (PSAO) EPIC Pharmacies, Inc. (EPIC), has been sending out a “Notice of GER Deductions” to pharmacies since last November indicating that the pharmacy’s reimbursements have been running in excess of the contracted Generic Effective Rate (GER) amount for the calendar year 2018. Many pharmacies were unaware about the GER until they received the Notice of GER Deductions and were subjected to GER withholdings.
Frier Levitt has been assisting pharmacies to fight EPIC’s GER withholdings by helping retrieve funds due and owed to the pharmacies. In one instance, Frier Levitt successfully obtained Temporary Restraining Order (TRO) against EPIC to prevent the GER deductions. The Court ordered EPIC to turnover any funds that it withheld and refrain from withholding further payments to a pharmacy in its network as a result of GER once a security bond was in place by the moving pharmacy.
Time is of the essence, if your pharmacy has received such a letter from EPIC, contact Frier Levitt today to speak to an attorney.