TRP_1170x120_12-19-19

AArete

Saving 340B will require diligence from covered entities

Saving 340B will require diligence from covered entities

For several decades, low-income patients, providers and pharmacies alike have been realizing the cost-saving benefits of the 340B drug-pricing program. The program helps a range of health care providers (covered entities) such as disproportionate share hospitals, rural hospitals, children’s hospitals, FQHCs and other providers that serve vulnerable communities, by lowering the cost of outpatient prescription

An opportunity for provider status

An opportunity for provider status

Among the many promising advances in medical legislation over the past several decades has been the passage of “provider status” laws for pharmacists in many states. While the specifics vary from state to state, the general intent behind this legislation is to give patients increased access to some of the oft-underutilized services that pharmacists can

Using drug spend, utilization data to improve outcomes

Using drug spend, utilization data to improve outcomes

NEW YORK — Thanks to the ever-growing applications of data analytics technology, chain drug stores have a unique opportunity to create benefits ranging from improved member outcomes to lowered spending. While the situation is evolving and the trail to driving better member health and reducing costs is still being blazed, chain pharmacies are recognizing the

CVS-Aetna: A blockbuster in vertical integration

CVS-Aetna: A blockbuster in vertical integration

CVS Health’s announcement that it would acquire Aetna for $69 billion is only one of recent health care services deals — which totaled $72 billion in 2016 and $76 billion after the third quarter of 2017, prior to CVS announcing the final deal. Across the industry, companies are increasingly leveraging these strategic partnerships to improve

Raising pharmacy’s financial efficiency

Raising pharmacy’s financial efficiency

While there are many similarities between retail pharmacies and other retail businesses, two key factors provide a unique opportunity to improve operations and financial efficiency, in turn enabling better patient outcomes. The ability to develop close relationships with other players in the health care industry value chain, and the opportunity to utilize relevant data in