The Push for Healthcare Price Transparency: Will Pharmacies See a Benefit?

Recent passage of the Lower Costs, More Transparency (LCMT) Act in a bipartisan vote by the U.S. House of Representatives is being heralded by the bill’s sponsors as “landmark legislation,” but is it really? The bill -- which is a long way from becoming law -- is focused on the very politically popular issue of lowering prescription drug prices for consumers. But where is the benefit for pharmacies?  

Successful Returns Management Starts With An Effective Returns Policy

Establishing a clear and consistent returns policy is an absolute requirement for any drug- or device-maker committed to successfully mitigating the financial liability attached to product flowing back through the supply chain. However, creating a returns policy that protects profitability while positioning the manufacturer as a collaborative and valued trading partner demands close attention to a number of core considerations.

Align Your Pharmacy With The DSCSA Timeline

Compliance with the Drug Supply Chain Security Act (DSCSA) means you have to be able to track and trace the transaction history of every medication that passes through your pharmacy. Managing DSCSA requirements is critical for ensuring patient safety, but so is having the time to focus on patients — and you can’t afford to sacrifice one for the other. There needs to be a solid plan in place before compliance is at stake.

Your Hospital Could be at Risk in Multiple Departments

When you think of recalls, what’s the first thing that comes to mind?  Most people in the healthcare industry would probably say pharmaceuticals, but those aren’t the only hospital products that get recalled. Not by a long shot. From biologics to devices to food in the cafeteria, your facility is full of potential recalls. It’s important you’re prepared to protect staff and patients in every department. 

How To Master Hazardous Rx Returns Rules For Every State

Did you know 23 states have hazardous waste management rules that differ from federal rules? Did you know 35 states have adopted Subpart P?  As if this weren’t complicated enough, on both levels — federal and state — these regulations are constantly changing. Keeping up is like constantly trying to hit a moving target, but unfortunately, it’s not optional.