Pharmacy News

Global drug spending to grow 30% by 2018A new IMS Health report forecasts the growth of global spending by a 4% to 7% compound annual rate over the next five years.
Generic drug price hikes cause hardships for pharmacies, patients“We’ve got to get to the bottom of these enormous price increases," said Sen. Bernie Sanders (I-Vt.), chair of the Senate Subcommittee on Primary Health and Aging, during yesterday's hearing.
CVS Health provides $1 million+ for smoking cessation programsVarious community groups around the country will receive funds to support local initiatives working to prevent and end smoking.

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Script Your Future campaign reaches 3-year milestoneThe initiative to make the public aware of the importance of medication adherence has reached 12 million patients through the support of 120 partner groups.
Senate hearing will explore soaring prices of generic drugsA Senate panel is scheduled to hold a hearing on November 20, 2014, to investigate why the prices of some generic drugs are skyrocketing.
Takeda, ADA create online resource guide for T2DM managementConnecT2Day is designed to help healthcare providers counsel patients in managing type 2 diabetes.

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Multilingual drug labels required?Patients should decide how a pharmacy can best communicate with patients. And they can use a very American way to make their feelings known.
OIG finds proposed per-fill fee arrangements suspectThe OIG determined that per-fill fees are “inherently subject to abuse” because of their direct tie to the number of patient prescriptions referred to the specialty pharmacy.
PQA launches new quality improvement programEach of the 26 free CE modules features an online Powerpoint lecture, a training video, an interactive activity set, and assessment questions.
Win-win: How retail pharmacists can help health plans with CMS Star Ratings measuresHealth plans that have not scored at least three stars for the last three consecutive years will be vulnerable to elimination from the Medicare system. Pharmacists are in an ideal position to help with those scores.

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