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Pharmacy Benefit Managers Contribute to the Growing Rate of Independent Pharmacy Closures, However, Pharmacies Can Fight Back

As another independent pharmacy closed its doors last week in Connecticut, the owner of the pharmacy identified that the rising costs of operations and direct and indirect remuneration (DIR) fees along with the decreasing reimbursement rates each year led to their closure. Unfortunately, this has been the ill-fated result of many independent pharmacy owners throughout the country when Pharmacy Benefit Managers (PBM) are permitted to own the end-retailer, and a...

CLIENT ALERT: CVS and Walgreens Point the Finger at Physicians in Opioid Litigation While Walgreens Simultaneously Announces Initiatives to “Partner” with Physicians

Major retail pharmacy chains such as CVS and Walgreens have officially pointed the finger at physicians in the multi-district federal opioid litigation by filing third-party complaints against physicians earlier this year. The chains claim that the doctors writing opioid prescriptions are equally, if not more, at blame for fueling the opioid epidemic. In addition to having their medical licenses challenged, this will also lead to physicians becoming the subject of...