American Pharmacy Cooperative, Inc.’s Post

Pharmacies in the United States are closing at an alarming rate. The ACT Pharmacy Collaborative reported that 244 pharmacies closed in just the first six weeks of 2024. Read more: https://loom.ly/KR7Ni84 #thefulcrum #citizenconnect

Pharmacies in the United States are closing at an alarming rate. The ACT Pharmacy Collaborative reported that 244 pharmacies closed in just the first six weeks of 2024. Read more: https://loom.ly/KR7Ni84 #thefulcrum #citizenconnect

The Pharmacy First consultation threshold has been reduced to 20 from 30 in October, enabling more community pharmacies to qualify for a monthly payment. At Healthera, we make it quick and simple for your patients to book Pharmacy First consultations through your app & website, helping you to easily achieve the new threshold. Plus, consultations through our platform take as little as 5 minutes to complete, so you can fit more into the day. If you're interested in seeing how Healthera could help you generate more revenue through Pharmacy First, simply click the link below to find a package that suits you. https://lnkd.in/en6qP5_6 #communitypharmacy #pharmacy #pharmacyfirst #revenue #growth

Local pharmacies are closing at alarming rates, and Pharmacy Benefit Managers (PBMs) are a big reason why. PBMs, originally intended to help manage prescription costs, are driving up the prices you pay for medications and, in many cases, limiting or even denying coverage altogether. Thousands of pharmacies have shut their doors, leaving some communities without access to essential healthcare. Visit www.endPBMsnow.com to learn more and take action! #EndPBMs #SaveLocalPharmacies #SupportLocalHealthcare #PBMsReform

Frier Levitt partner Harini Bupathi is quoted in a Specialty Pharmacy Continuum article, “Help Is At Hand When Navigating PBM Audits” by Marcus A. Banks. Harini shares legal protections along with other valuable insights for pharmacies facing PBM audits. Read the article here: https://lnkd.in/eisvQ2hi #FrierLevitt #SpecialtyPharmacyContinuum #PBMaudits

To all my fellow pharmacists, if you’re not aware, we are routinely paid hundreds of dollars BELOW OUR COST for many of the prescriptions we fill— Eliquis, generic Epipen, generic Flovent, and so many more. That’s criminal! Pharmacies are actually LOSING money by filling prescriptions. Using GoodRx for a patient can often cost the pharmacy a $13 fee for the privilege of giving the patient a discount. That’s right! We discount the cost to the patient to barely cover our cost and then pay a PBM for the privilege of arranging that discount. This makes zero sense and must stop! Join the fight!

#McKessonideaShare2024 starts tonight and we are ready to show how JFCRx can work with independent pharmacies to help solve the challenges of todays market. Stop by both 1710 to learn more!

🚨 Shout out to our 5,300 partner pharmacies! 🚨 New news from Services Australia: To ensure you get timely ACSS payments Pharmacists must close claims at the end of trade on the final day of the ACSS quarter (or your last trading day if closed earlier). If claims are closed after the quarter—like on July 1—all ACSS payments for this claim will be deferred to the next cycle. If your last claim was not closed on the last day of June (or Sept) NostraData has built a new dashboard in Informacy today, allowing you to select your claim dates and view forecasts for deferred payments. Log in to Informacy now to check out the updated dashboard! 💻

Retailmymeds' Mail-to-Retail program is a software-based subscription model that allows pharmacies to coordinate low-margin and net-negative prescriptions with their patients' preferred mail order pharmacies. Learn more at https://bit.ly/3VqrDFk

📉 Did you know the number of community pharmacies has declined nearly 15% in the past 3 years? Traditional PBMs play a major role in creating pharmacy deserts, using practices like low reimbursements and exclusive networks that drive independent pharmacies to close. Check out our blog to learn more about the impact of pharmacy deserts and how aligned PBM models work to reverse this trend: https://bit.ly/40eK2YE