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Nationwide Coalition Blasts ESI CEO George Paz for Slighting Community Pharmacists
Date:2/27/2012

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 Solu
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SOURCE Preserve Community Pharmacy Access NOW!
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