PHARMACY

Sag Harbor Pharmacy, Southampton Hospital sponsor Rx disposal box

BY Lesley Thulin

SOUTHAMPTON, NY — Sag Harbor Pharmacy and Southampton Hospital recently sponsored the creation of a local pharmaceutical collection receptacle to house unwanted, expired and unused medications.

The Big Red Med Disposal Box at the Sag Harbor Pharmacy, which was supplied by the Lloyd Magothy Water Trust, will promote responsible disposal of medications, according to Jeff Yohai, pharmacist and owner of Sag Harbor Pharmacy.

“Having the Big Red Med Disposal Box here in Sag Harbor Pharmacy is a great benefit for our community,” Yohai said. “We need to do our best to keep old prescription medications out of the hands of small children who might accidentally ingest them, and out of the hands of any teens who might seek to use medications for non-medical use.”

In addition to curbing prescription drug abuse, the receptacle is also designed to prevent water contamination from medication that’s improperly discarded.

“Water quality is a major concern for Long Island and we need to protect our drinking water from many kinds of potential contaminants, including unwanted medications that might otherwise be flushed into our groundwater,” Robert Chaloner, president and CEO of Southampton Hospital, said.

The Big Red Med Disposal Box meets the Drug Enforcement Administration’s regulations to implement the Secure and Responsible Drug Disposal Act of 2010, according to Southampton Hospital. The receptacle will collect only non-controlled medications until the New York State Bureau of Narcotics updates their regulations, the hospital said. 

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CVS Health completes Omnicare transaction

BY Michael Johnsen

WOONSOCKET, R.I — CVS Health on Tuesday completed its acquisition of Omnicare, the leading provider of pharmacy services to long term care facilities, for a total enterprise value of approximately $12.9 billion.
 
The move provides CVS Health access to a new pharmacy dispensing channel, Larry Merlo, CVS Health president and CEO said when announcing the deal earlier this year,  and creates new opportunities to capture seniors and chronic care patients. 
 
“This attractive strategic acquisition provides CVS with an incremental dispensing channel in long-term care and assisted living, which represents 72% of Omnicare’s revenues,” Mark Miller, analyst for William Blair, said. “Retail and long-term care are complementary channels, as patients cycle between assisted living and home health settings. CVS has a strong record of improving health outcomes at the lowest possible cost — a vision shared by Omnicare — and the combined companies should be able to improve gaps in existing care.”
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GNP, PrescribeWellness partnership delivers prescription for better performance

BY Michael Johnsen

IRVINE, Calif. —  Initially announced at ThoughtSpot 2015 earlier this month,  AmerisourceBergen and its affiliated Good Neighbor Pharmacy have selected PrescribeWellness to deliver and maintain their pharmacy-facing Patient Engagement Center, which is a key component of their newly launched AmerisourceBergen Elevate Provider Network premier-level offering.
 
“We are excited about our new relationship with PrescribeWellness and pleased to include their solutions in our premier-level offering to AmerisourceBergen Elevate Provider Network members,” Chuck Reed, group VP pharmacy technology and solutions for AmerisourceBergen, said. “We believe this innovative tool can play an important role in supporting pharmacists as they strive to improve patient engagement, adherence and Star Ratings.”
 
“The Patient Engagement Center becomes the single platform that the AmerisourceBergen Elevate Provider Network leadership team can use to continuously inform their members and launch their most important strategic initiatives,” added Tony Thuyen, chief strategy officer and co-founder of PrescribeWellness.
 
PrescribeWellness offers innovative technological solutions designed to elevate the community pharmacist’s role in providing coordinated care and preventative healthcare services. Their software makes it easier for pharmacies to improve patient adherence, build customer loyalty and provide extended services via the appointment-based model. PrescribeWellness solutions have been proven to improve a patient’s adherence to their medication and the pharmacy’s ratings in various performance measures.
 
“Our mission is to inspire collaboration for better health in all Americans and we’re pleased to collaborate with AmerisourceBergen, Good Neighbor Pharmacy and Elevate Provider Network members to help them make their communities healthier,” added Al Babbington, CEO and co-founder of PrescribeWellness. “Together, we are going to help their network members to improve customer loyalty, increase patient adherence and advance the role of community pharmacists.”
 
The recently announced Elevate Provider Network — the new name for its Pharmacy Services Administrative Organization — will support independent pharmacies in their efforts to enhance patient care and to improve profitability through better business practices and by leveraging centralized and patient adherence data to optimize reimbursement with payers.
 
There were many expanded new service offerings that debuted at ThoughtSpot 2015. Drug Store News editor-in-chief Rob Eder shared the highlights from the conference in a recent edition of DSNTV. 
 
For complete coverage of the event, check out Drug Store News' ThoughtSpot 2015 page.  
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