Pharmacists Press Conference Urging Senate Majority Leader Harry Reid to Fix Flawed Medicaid Drug Reimburs... ( CARSON CITY Nev. Nov. 5 -- The f...)

Pharmacists Press Conference Urging Senate Majority Leader Harry Reid to Fix Flawed Medicaid Drug Reimbursement Rule

Date:11/5/2007

CARSON CITY, Nev., Nov. 5 /PRNewswire-USNewswire/ -- The following was issued by the National Community Pharmacists Association:

Pharmacist press conference to discuss new Medicaid generic prescription drug reimbursement rule and need for Senate Majority Leader Harry Reid (D-Nev.) to use his power to make sure the legislative fix is considered before Congress adjourns for the year. The rule, scheduled to be fully implemented in early 2008, will grossly underpay pharmacists and puts patient access to their services at risk.

WHO: Kirk Wentworth, RPh, Owner of MedCare Pharmacy in Carson City,

Nev.

Dennis Gailey, RPh, Owner of Medicine Shoppe #1413 in Fallon,

Nev.

Julie Gabica, MedCare Pharmacy long-time customer

Barbara Friedman, Patient of MedCare long-time customer

WHEN: November 8, 2007, at 1:30 p.m., Pacific Time

WHERE: MedCare Pharmacy

1851 N, Carson Street

Carson City, Nev. 89701

775-885-8881

WHY: The Centers for Medicare and Medicaid Services published the

Medicaid reimbursement rule on July 17, and the implementation

process will be complete January 30. At that time, community

pharmacies will be faced with a burden that could not only cause

difficulty in participating in the Medicaid program, but

sustainability in the business community. These challenges will

be due in part to low reimbursement rates based on an inaccurate

Average Manufacturer Price (AMP) formula. According to a

Government Accountability Office report, on average, pharmacies

will be paid 36 percent below their acquisition costs for the

generic prescriptions of Medicaid patients.

The legislative fix is S.1951, the Fair Medicaid Drug Payment Act

of 2007. The bil
'/>"/>

0

GOOD

Page: 1 2
Related medicine news :

1. Medco Unveils Three New Medicare Prescription Drug Plan Options for 2008 to Provide Seniors More Choice, Better Value and Specialist Pharmacists
2. CVS Caremark Celebrates American Pharmacists Month by Thanking Its 20,000 Pharmacists
3. Maryland Pharmacists Urge House Majority Leader Hoyer to Put Patients First
4. Lisa Camooso Miller Joins National Community Pharmacists as Vice President of Public Affairs
5. By 2012, Prescribing Pharmacists Could Influence $145 Billion in Drug Sales
6. CVS Pharmacists Serve a Vital Role in Helping Patients Manage Diabetes
7. Fluctuating eye pressure associated with visual field deterioration in glaucoma patients
8. Children of depressed moms do better when dad is involved, SLU researcher finds
9. Clinical depression linked to abnormal emotional brain circuits
10. Tumors use enzyme to recruit regulatory T-cells and suppress immune response
11. Specific antagonism lowers blood pressure

Post Your Comments:

Pharmacists Press Conference Urging Senate Majority Leader Harry Reid to Fix Flawed Medicaid Drug Reimburs...( CARSON CITY Nev. Nov. 5 -- The f...),Health