Navigation Links
Nationwide Coalition Blasts ESI CEO George Paz for Slighting Community Pharmacists

WASHINGTON, Feb. 27, 2012 /PRNewswire/ -- The Preserve Community Pharmacy Access NOW! (PCPAN) coalition today blasted George Paz, chief executive officer of Express Scripts, Inc. (ESI) for slighting and devaluing community pharmacists in comments made during the question and answer portion of the company's Q4 2011 Earnings Call.  On the February 23 call, Paz said, "NEXIUM is NEXIUM, LIPITOR is LIPITOR, drugs are drugs and it shouldn't matter that much [who is] counting to 30."  According to PCPAN, the comment is part of a pattern demonstrating the true feelings on the part of the pharmacy benefit manager (PBM) about pharmacists and should raise serious concerns about allowing it to merge with Medco, as it would mean lost jobs for the community pharmacy industry.

"ESI and Medco have spent the last several months trying to defend their merger against claims it would result in decreased access to local community pharmacies, but recent comments demonstrate that ESI and Medco completely devalue pharmacists and show that the claims are indeed valid," said former Congresswoman Eva M. Clayton, chairwoman of the Preserve Community Pharmacy Access NOW! (PCPAN) coalition.  "Comments like this should raise serious concerns about how a combined company with such an attitude would treat pharmacies that provide important services and employ people in our communities.  This is yet another reminder that this merger must be stopped."

ESI and Medco have tried to deny claims the merger would negatively impact smaller pharmacies, but comments from the companies' CEOs show the pharmacists have reason to be concerned.  Last December, Paz testified that he, "Can't stop certain pharmacies from going out of business," while David Snow, CEO of Medco has claimed that, "Medco's 'robots' are 'twenty-three times more accurate' than human pharmacists, in terms of errors in dispensing prescriptions."

Last July, ESI and Medco announced plans to merge in a $29 billion deal that could take effect as soon as early this year.  The controversial deal has been the target of intense scrutiny – as elected officials including attorneys general in dozens of states, pharmacy service providers, consumer advocates, patient groups and others have raised concerns about the impact of an approved merger.

Independent and community pharmacists, in particular, have expressed concern that approving the deal would combine two of the three largest PBMs in the nation – creating a mega-PBM with excessive control and concentrated market share.  They say smaller pharmacies would not have the power to negotiate with such a major player and would be forced to accept unreasonably low reimbursement rates for prescription drugs – making it hard to stay in business. 

"Nothing good can come from combining two health care giants that do not see the value in community pharmacists, and that have incentives to drive customers away from pharmacies and into their own mail-order programs," Clayton continued.  "The truth is an approved merger could have a devastating effect on health care and jobs in this country.  The merger needs to be stopped."

A full transcript of the call can be found here.

Preserve Community Pharmacy Access NOW! is a coalition of consumers, businesses and community-based pharmacists from across the country that have come together for the purpose of opposing the planned merger between Express Scripts Inc. and Medco Health Solutions Inc.  PCPAN is a project of Pharmacy Choice and Access Now.

SOURCE Preserve Community Pharmacy Access NOW!
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. American Regent Initiates Nationwide Voluntary Recall of Phenylephrine HCl Injection, USP, 1%, 5 mL Vial, Lot# 0693, Due to Visible Particles
2. Bedford Laboratories™ Issues Nationwide Voluntary Recall of Cytarabine for Injection, USP, 1 Gram Per Vial
3. MiMedx Announces Nationwide Launch of AmnioFix® Injectable at American Academy of Orthopaedic Surgeons Annual Meeting
4. Medical Alarm Concepts and Harrington Media Announce Final Schedule for MediPendant™ Nationwide Television Test Launch
5. Novartis Consumer Health Inc. Issues Voluntary Nationwide Recall of Certain Over-the-Counter Products Due to Potential Presence of Foreign Tablets or Chipped or Broken Tablets or Gelcaps
6. Nationwide Coalition Responds to Express Scripts CEO Statement: "I Cant Stop Certain Pharmacies From Going Out of Business"
7. Heart IT and Johns Hopkins Medicine Announce the Award of NIH Grant to Include Images in the Nationwide Health Information Network (NHIN)
8. Nationwide Coalition Urges FTC to Take Notice of Growing Opposition to Mega-PBM Merger
9. Sanofi Pasteur Launches Nationwide Education Campaign to Help Parents Make Informed Decisions about Immunization
10. Nationwide Coalition Joins Reps. Courtney & Marino Outside U.S. Capitol To Oppose Express Scripts/Medco Merger
11. Blue Cross and Blue Shield Association Supports the Drug Enforcement Administrations Nationwide Prescription "Drug Take-Back Day"
Post Your Comments:
(Date:11/25/2015)... , Nov. 25, 2015  Henry Schein, Inc., ... services to office-based dental, medical and animal health practitioners, ... Meeting the Henry Schein ConnectDental® Pavilion , which ... array of open solutions designed to help any practice ... Click here for a schedule of experts appearing ...
(Date:11/25/2015)...  Trovagene, Inc. (NASDAQ: TROV ), a developer ... Officer Antonius Schuh, Ph.D., is scheduled to present a ... Jaffray Healthcare Conference. th Annual Piper ... in New York on Tuesday, ... will be available for one-on-one meetings during the conference. ...
(Date:11/25/2015)... , Nov. 25, 2015 Endo International plc (NASDAQ: ... De Silva , President and CEO, will discuss corporate updates ... in New York on Wednesday, December ... . Click on Investor Relations, and then the link to ... the presentation,s start time to visit the site and download ...
Breaking Medicine Technology:
(Date:11/27/2015)... ... November 27, 2015 , ... The men ... prominent nonprofit healthcare organizations in the country. They have overseen financial turnarounds, shown ... helped advance the healthcare industry as a whole through their advocacy and professional ...
(Date:11/27/2015)... ... November 27, 2015 , ... Indosoft Inc., developer and distributor ... Asterisk 11 LTS (Long Term Support) into its Q-Suite 5.10 product line. , ... up-to-date with a version of Asterisk that will receive not only security fixes, ...
(Date:11/26/2015)... Cambridge, ON (PRWEB) , ... November 26, 2015 ... ... availability of a real-time eReferral system for diagnostic imaging in the Waterloo region. ... mammography, BMD and Nuclear Medicine tests directly from their electronic medical record (EMR) ...
(Date:11/26/2015)... ... November 26, 2015 , ... Jobs in hospital medical laboratories ... and offered by healthcare staffing agency Aureus Medical Group . These ... October 2015 among those searching for healthcare jobs through the company’s website, ...
(Date:11/26/2015)... CA (PRWEB) , ... November 26, 2015 , ... ... a new set of retro-fused, self-animating trailer titles with ProTrailer: Vintage. This newly ... options. These classically-influenced trailer titles work with any font, giving users limitless opportunities ...
Breaking Medicine News(10 mins):