ALEXANDRIA, Va. — The vertical mergers of health insurance plans/pharmacy benefit managers with retail and mail order pharmacies is a “particularly pernicious example of consolidation that has resulted in substantial actual harm to competition,” the National Community Pharmacists Association said in comments to the Federal Trade Commission about contract terms that may exacerbate or lock
ALEXANDRIA, Va. — Following President Biden’s executive order promoting competition in the U.S. economy, the National Community Pharmacists Association is urging greater focus on drug pricing and the health care sector. NCPA is specifically pushing the administration to address pharmacy direct and indirect remuneration fees, as well as examine anticompetitive conduct of pharmacy benefit managers and
ALEXANDRIA, Va. — The National Community Pharmacists Association is pleased to announce that teams of pharmacy students from the Medical University of South Carolina, the University of Arkansas for Medical Sciences College of Pharmacy, and the University of Texas at Austin College of Pharmacy have been named finalists in the 2021 Good Neighbor Pharmacy NCPA Pruitt-Schutte
ALEXANDRIA, Va. — National Community Pharmacists Association CEO B. Douglas Hoey has been elected to simultaneously serve as president of the World Pharmacy Council, an international group with a mission of building international recognition of community pharmacy and its role, policies, and value to citizens around the world. “Community pharmacies in many countries have been integral to
ALEXANDRIA, Va. — The National Community Pharmacists Association issued the following statement today by CEO B. Douglas Hoey marking an important milestone in the fight against the coronavirus, with pharmacists having delivered more than 100 million COVID-19 vaccines to Americans: “The fight against COVID is a long way from over, but we are very proud of how
ALEXANDRIA, Va. — As policymakers continue probing antitrust and consolidation issues across various industries, the Senate Judiciary Subcommittee on Competition Policy, Antitrust, and Consumer Rights held a hearing Tuesday to examine competition within the pharmaceutical marketplace. In its statement for the record, the National Community Pharmacists Association pushed the subcommittee to scrutinize the role of vertically integrated
ALEXANDRIA, Va. — Congress has been buried in letters from members of the National Community Pharmacists Association, a group representing more than 21,000 independent pharmacies, urging passage of legislation to stop the abuse of backdoor fees that have increased by 91,500 percent in recent years. “We know there is strong bipartisan support for reforming pharmacy
ALEXANDRIA, Va — The National Community Pharmacists Association congratulated newly-appointed Federal Trade Commission chair Lina Khan, whose public criticism of vertical mergers in technology is music to the ears of independent pharmacists who are being squeezed by a handful of companies. “NCPA applauds your vigorous review of the antitrust implications of the behaviors of large technology
ALEXANDRIA, Va. – Hundreds of organizations representing community pharmacies, grocery store pharmacies, specialty pharmacies, chain pharmacies, patient groups, buying groups, health systems, wholesalers, and business groups are making an all-out push for legislation that would stop the abuse of pharmacy price concessions charged by third-party middlemen, which have increased 91,500% in recent years. The Pharmacy
ALEXANDRIA, Va. — The National Community Pharmacists Association is pleased to announce the addition of Matthew Seiler as the association’s general counsel. In this role Seiler will have responsibility for all legal, transactional, compliance, and related activities at NCPA. Seiler has spent nearly two decades in corporate and private practice and a few years as
ALEXANDRIA, Va. — The National Community Pharmacists Association sent a letter from CEO B. Douglas Hoey to Chiquita Brooks-LaSure, the new administrator of the Centers for Medicare & Medicaid Services, congratulating her on her appointment and highlighting independent pharmacy’s critical contributions to the fight against COVID-19, NCPA’s priority issues, and areas for collaboration moving forward. Among other
ALEXANDRIA, Va. — The Federal Trade Commission recently released a report about the effects of pharmacy benefit manager “rebate wall” contracting practices on competition in prescription drug markets. Among other observations, the report notes that rebate walls “may give payers strong incentives to block patient access to lower-priced medicines, whereas absent rebates a lower-priced equally effective product
ALEXANDRIA, Va. — The CEO of the country’s largest organization of community pharmacies today called for immediate action after the Centers for Medicare & Medicaid Services disclosed in a budget document that pharmacy benefit managers increased retroactive fees on pharmacies by an astonishing 91,500 percent in recent years. “This is absolutely unsustainable,” said B. Douglas Hoey,
ALEXANDRIA, Va. — The national labor shortage that has small employers scrambling for workers is also affecting front-line health care providers, according to a new survey released today by the National Community Pharmacists Association. “This is a major challenge for community pharmacies that are seeing many more patients because of the pandemic,” said NCPA CEO B.