PHARMACY

PCMA leader: Generics, mail-order pharmacy help save money

BY Allison Cerra

WASHINGTON — Mark Merritt, the president and CEO of the Pharmaceutical Care Management Association, responded to a provision on the Pentagon’s new budget proposal, which encourages Tricare members to use generic medications and mail-service pharmacies to save money.

Merritt said that "increasing the use of generics and mail-service pharmacies reduces costs and enhances access to prescription drugs for military members and their families," adding that generic drugs have saved the U.S. healthcare system more than $800 billion, and that "mail-service pharmacies lower costs for consumers and payers, make far fewer errors, and increase medication adherence for those suffering from chronic conditions."

PCMA is a group that represents the nation’s pharmacy benefit managers.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

Which area of the industry do you think Amazon’s entry would shake up the most?
PHARMACY

Report: Walmart opens second retail clinic with St. Mary’s Medical Group

BY Antoinette Alexander

RENO, Nevada — St. Mary’s Medical Group once again is teaming up with Walmart to open up a second retail-based health clinic in Nevada, according to local news reports.

According to reports, the second location is opening on Tuesday at the Walmart store on Kietzke Lane.

Dan Ferguson, chief medical officer for St. Mary’s Medical Group, was quoted as saying, "Retail clinics are becoming a growing trend in Nevada, which is why we moved ahead with opening a second clinic in northern Nevada. The new retail model allows patients to access basic healthcare services in a setting that’s convenient for them."

The first location opened in October 2010 at the Spanish Springs Walmart store.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

Which area of the industry do you think Amazon’s entry would shake up the most?
PHARMACY

Report: Rxs for Viagra, Cialis get boost from Valentine’s Day

BY Alaric DeArment

NEW YORK — It shouldn’t surprise people too much, but pills to treat male impotence tend to see big increases in prescriptions around Valentine’s Day, according to published reports.

Bloomberg reported that prescriptions of such drugs as Pfizer’s Viagra (sildenafil) and Eli Lilly’s Cialis (tadalafil) are at their highest in the days leading up to the holiday.

According to Pfizer financial data, U.S. sales of Viagra were $253 million in first quarter 2010, compared with $234 million in the second quarter and $242 million in the third quarter, though the fourth quarter also saw a large increase in sales to $263 million.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

Which area of the industry do you think Amazon’s entry would shake up the most?