Independent retail and specialty pharmacies have long been concerned about perceived “steering” by Pharmacy Benefit Managers (“PBMs”), a practice in which a PBM in some manner channels prescriptions to its own wholly owned retail mail-order... Read More
Frier Levitt recently commenced an emergency arbitration against a PBM that had scheduled a termination against a pharmacy client. The PBM had subjected the pharmacy to an audit and had terminated the pharmacy based upon the results of the audit.... Read More
Too often, pharmacies are faced with the difficult proposition of seeking admission into Medicare Part D networks. With new and evolving pharmacy business models, along with ever-changing and contracting pharmacy networks, it can be challenging to... Read More
Recently, a major PBM has demanded that its network retail pharmacies submit an attestation agreeing to limit mail order and delivery services to 10% of its claims submitted to the PBM. The PBM is now requiring independent pharmacies to agree to... Read More
While PBMs have scrutinized retail pharmacies for mailing activities for some time, over the last several weeks, several major PBMs have embarked on renewed tactics aimed at clamping down on pharmacies dispensing prescription medications to their... Read More
This past week, the much touted Walgreens-Prime Therapeutics Strategic Partnership went into effect. Both companies have heralded the partnership as a new way to leverage pharmacy benefits management with a large retail pharmacy chain, with the goal... Read More
