NCPA supports Medicaid funding inclusion in jobs bill
ALEXANDRIA, Va. An economic-stimulus legislation’s provision that seeks to extend the federal Medicaid matching rate has received support from the National Community Pharmacists Association.
The American Jobs and Closing Tax Loopholes Act — introduced by Sens. Max Baucus, D-Mont., and Sander Levin, D-Mich. — includes a six-month extension of the temporary increase in FMAP, which is scheduled to expire Dec. 31.
Bruce Roberts, NCPA EVP and CEO, said that the inclusion of the FMAP extension would aid community pharmacists, which serve many Medicaid patients, especially those in rural and underserved areas.
The legislation also would extend the 340B prescription drug discount program for uninsured patients to certain hospitals and other inpatient settings, Roberts said.
“Chairmen Baucus and Levin are to be commended for including this critical provision in their legislation. States are facing a crippling double whammy when it comes to Medicaid,” he said. “Tough economic times have both forced more Americans to enroll in the public assistance program and sapped state revenues, creating budget shortfalls across the country. This funding would mitigate the need for devastating Medicaid cuts from coast to coast.”
MinuteClinic opens two Mass. locations
WOONSOCKET, R.I. MinuteClinic, which is owned by CVS Caremark, has expanded its Massachusetts-based clinics to 20 with Wednesday’s opening of two new locations in Hanover and Quincy.
"Since opening our first store-based clinic in Massachusetts in 2008, we have helped to expand access to high-quality, convenient and affordable care to thousands of residents who have visited us at convenient CVS/pharmacy locations near where they live and work," stated Andrew Sussman, president of MinuteClinic and SVP/associate chief medical officer of CVS Caremark. "We are committed to working with the medical community in Massachusetts to build on the state’s precedent-setting efforts to broaden access to quality health services."
According to MinuteClinic, it has had more than 50,000 patient visits in Massachusetts (not including flu shot visits) in less than two years. About 70% of the patients seen at MinuteClinic locations in Massachusetts do not identify a primary care provider. MinuteClinic offers those patients without a primary care provider information on nearby practices accepting new patients.
Hospira extends acquisition offer to Javelin
LAKE FOREST, Ill. Hospira has extended its $145 million offer to buy Javelin Pharmaceuticals, the generic drug maker said Wednesday.
The offer, originally made in April, was set to expire at the end of Tuesday, but will now expire at the end of June 2.
Hospira said Javelin had not satisfied all the conditions for acquisition, which Javelin said was due to a supply-chain problem with the painkiller Dyloject in the United Kingdom, though Javelin expressed disagreement with Hospira’s position.