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Charles Hirner, RPh Senior Director, Omnicell 340B Operations For nearly 30 years, the 340B Drug Pricing Program has provided vital financial support to nonprofit hospitals and is now considered an important element of hospital finance in many communities. 340B program management was originally fairly easy to manage.
Nonetheless, having Amazon as a disruptive player in the pharmacy sphere is worth having some thoughts about, for those inside the pharmacy space and outside have some very different takes on the matter. Rather, it's just 'one more mailorderpharmacy.' I think this difference in views comes down to several items.
Nearly 2,300 pharmacies have shut their doors since the start of the year, with closures happening at a pace of around eight pharmacies a day. While a 3% drop in the number of pharmacies across the country might not seem significant on the surface, imagine if 3% of schools or hospitals closed.
If it’s decided that a prescription is necessary, your provider can send the prescription to your pharmacy to be filled. Many times, your provider can recommend online prescription services or a mail-orderpharmacy. In some cases, telehealth platforms operate their own pharmacy, keeping everything in-house.
Dr. Bard says online and mail-orderpharmacies are a good way to pay less for your brand-name scripts. Just be sure that you purchase your meds from a licensed pharmacy in the United States, advises the U.S. Food and Drug Administration (FDA).
It’s chaos packed into a tiny bottle, and the situation in hospitals and other healthcare settings isn’t much better. The six-figure salary promised in pharmacy school barely covers the basics now, and those lucrative part-time jobs are a thing of the past. Then there’s the money situation.
Medicare prescription drug plans only cover medications filled at a retail pharmacy or mail-orderpharmacy. Drugs administered at a hospital or doctor’s office. What’s not covered. Some items aren’t covered by Medicare prescription drug coverage. Over-the-counter medications. Experimental drugs.
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