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Mailorderpharmacies have exploded in popularity in recent years, but many pharmacists and patients are starting to notice something isnt quite right. PBMs dominate the market and have been incentivizing patients to use mailorderpharmacies, claiming it saves money and provides greater convenience.
In this changing environment, independent pharmacies face increasing competition from retail, online, regional, and mail-orderpharmacies. To stay competitive, it is key for independent pharmacies to adapt to changing patient needs by leveraging technology and providing elevated patientcare beyond their medication needs.
In 2008, the Center for Medicare & Medicaid Services (CMS) created the Five-Star Rating System, also referred to as Star Ratings , to evaluate health plans for service quality, patientcare, and medication adherence. CMS applies Star Ratings at the plan level, which in turn create performance metrics for their pharmacy network.
It wasnt about patientcare. The career growth in pharmacy is practically non-existent. When local pharmacies close, patients are left scrambling, sometimes relying on mail-orderpharmacies or traveling long distances for their medications. I know because Ive been there.
In the coming months, mifepristone (Mifeprex) is anticipated to have an updated Risk Evaluation and Mitigation Strategy (REMS) Program that allows dispensing through local brick-and-mortar and mail-orderpharmacies. Background.
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