Wed, 27 March 2013
Wed, 20 March 2013
We interview our 4th time guest - Dave Marley, founder and board memebr of Pharmacists United for Truth and Transparency. (PUTT)
Produced by Pharmacists United for Truth and Transparency (PUTT), the tool offers an in-depth look at the complexity of negotiating pharmacy benefits and includes information on the role of PBMs, common problems employers face, definitions of industry jargon, and information on rebates, verification and plan services. More information is available at www.truthrx.org.
"We're proud to outfit employers with the tools they need to make sure contracts are fair and that they're not paying more than they should for prescription drugs," said Dave Marley , President of Pharmacists United for Truth and Transparency. "PBM contracts are complex. They routinely fail to ensure that employers receive the cost savings that they expect when they pay for PBM services."
The difficulty of navigating employer-PBM contracts is compounded by similarly lopsided contracts between pharmacies and PBMs. Often, pharmacists are contractually forbidden from telling the PBM's clients how much they receive for the same drug. That lack of transparency gives the PBMs increased confidentiality to mark-up employers' prices.
Amidst the merger in April between two of the nation's largest pharmacy benefits managers, Express Scripts and Medco, and growing PBM involvement in Medicaid programs through "managed care" models, PUTT has advocated for increased PBM transparency and worked with benefits managers to construct and implement contracts which prohibit PBMs from marking-up drug costs.
PUTT produced the tool kit with research contributions from the Harrison Institute for Public Law at Georgetown University. The Institute has 40 years of experience assisting nonprofit organizations with their legal and policy needs.
ABOUT PHARMACISTS UNITED FOR TRUTH AND TRANSPARENCY
Pharmacists United for Truth and Transparency (PUTT) is an independent watchdog organization dedicated to exposing the role pharmacy benefits managers (PBMs) play in driving up prescription drug costs for consumers and employers. PUTT is a growing coalition of independent pharmacists and pharmacy owners and a resource for employers, policy makers and members of the media. It is a not-for-profit organization funded by individual members, not corporations or other special interest groups. For more information visit TruthRx.org.
Mon, 18 March 2013
We return to the roots of the Pharmacy Podcast Show - and interview a fellow Pharmacy Technologist - Charlie Simons, Products Manager with Pharmacy Computer Services, Inc.
129 NW E Street
Grants Pass, OR 97526
Office: (541) 471-7274 ext. 215
Direct download: Pharmacy_Computer_Services_Mixdown_1.mp3
Category:Pharmacy -- posted at: 11:56am EDT
Tue, 5 March 2013
We interview Chad Worz - President of Medication Managers, LLC.
Medication Managers is a group consulting pharmacy practice serving long term care facilities and long term care pharmacies in 22 states, representing over 18,000 LTC beds. Medication Managers is dedicated to helping ease the medication burden in long term care facilities through utilization management, formulary controls and medication reduction. Medication Managers succeeds by choosing pharmacists with high communication and customer service skills and provides clients with state of the art access to reporting, schedules and long term care resources. Medication Managers' clients save significant dollars in their Medicare Part A populations through formulary and protocol development and implementation and improve quality of life for resident's and nursing staff by ensuring the LEAST amount of needed medications are utilized.
About our host:
Dr. Dana Saffel is responsible for development and implementation of strategic marketing initiatives, educational programs, and industry-specific sales training for the life sciences industry and for provision of operations consulting to LTC pharmacies and other healthcare providers. Innovations include:
Direct download: LTC_Pharmacy_Segment_Chad_Worz_Mixdown_1.mp3
Category:Pharmacy -- posted at: 3:16pm EDT