Senate Asks CMS to Stop Implementation of Medicaid Rule That Will Likely Harm Hometown Pharmacies (U.S. Newswire via Yahoo! News)
Nearly half of the United States Senate, 46 Senators, signed a letter to the Centers for Medicare and Medicaid Services expressing deep concern over CMS' proposed rule to cut pharmacy Medicaid reimbursement for generic drugs. As a grassroots organization representing more than 20,000 neighborhood pharmacists, the Association of Community Pharmacists Congressional Network (ACP*CN) applauds the ...

PCMA: PBMs Projected to Save Medicare, Commercial Market $1.3 Trillion on Prescription Drug Costs From 2008-2017 (U.S. Newswire via Yahoo! News)
Pharmacy benefit management tools and techniques are projected to save Medicare and the commercial market more than $1.3 trillion on prescription drug costs from 2008 to 2017, according to a new study conducted by PricewaterhouseCoopers (PwC) and released today by the Pharmaceutical Care Management Association (PCMA). PCMA is the national association representing America's pharmacy benefit ...

PCMA: Berry-Jones Pharmacy Bill Could Increase Costs to Seniors, Disabled & Medicare Part D by Billions (U.S. Newswire via Yahoo! News)
In response to a vituperative statement from the independent pharmacy lobby, the Pharmaceutical Care Management Association (PCMA) today reiterated that Medicare drug plans are paying pharmacy claims on time. Regrettably, the independent pharmacy lobby continues to push a protectionist agenda that would add billions in unnecessary drug costs to seniors and the disabled, Part D plans, and the ...

Walgreen's Profit Rises on New Medicare Plan and Generic Drugs (Bloomberg.com)
March 26 (Bloomberg) -- Walgreen Co., the largest U.S. drugstore chain, said second-quarter profit rose as a new Medicare plan and more generic drugs boosted pharmacy sales.