To say the link between Medicaid and 340B is complicated would be an understatement. By federal law, a covered entity’s 340B program and Medicaid program get discounted drugs for patients with Medicaid, but only one entity can legally receive the discounted drug. This leads to, among other things, administrative stress because covered entities must ensure drug makers aren’t charged two discounts for one drug, otherwise known as duplicate discounts. Everyone from physicians to lawmakers seem to be weighing in on this issue. In December 2022, Pennsylvania distributed a medical assistance bulletin effective Jan. 1, 2023, that seems to indicate the commonwealth will no longer offer Medicaid reimbursements for 340B drugs dispensed by contract pharmacies. Specifically, the bulletin states, “The MA [medical assistance] Program is unable to identify 340B-purchased drugs dispensed by contract pharmacies, therefore, contract… Read More »Tackling 340B Duplicate Discounts
For pharmacists, pharmacy technicians, and other staff, a clock is counting down to November 1, 2023, and revisions to USP 797. That’s the date by which the United States Pharmacopeia Convention, or USP, has set for implementing changes to USP Chapter 797. USP 797 outlines requirements and procedures for compounding sterile drugs – among the riskiest duties undertaken by pharmacists on behalf of their patients. The convention first put in place USP 797 on January 1, 2004. The chapter sets forth a standard of practice for pharmacists. And the authors originally wrote this section to “prevent patient harm and fatality from microbial contamination (nonsterility), excessive bacterial endotoxins, large content errors in the strength of correct ingredients, and incorrect ingredients in CSPs.” Industry pundits say there are mixed feelings among pharmacy professionals for the latest revisions.… Read More »Pharmacies prepare for revisions to USP 797
Last spring, the American Society of Health-System Pharmacists released findings from a survey that noted a severe shortage of pharmacy technicians. While healthcare shortages are well publicized, the extent to which administrators are tapping pharmacists to help is noteworthy. Ninety percent of hospital and health-system pharmacy administrators said they had asked pharmacists to perform tasks usually handled by technicians. With a lack of technicians, pharmacists and other team members must juggle additional roles and/or work longer hours. Technology can play a role in helping time-strapped pharmacies automate the management of accreditations and document compliance activities like adhering to USP 797 and USP 800. Pharmacy administrators owe it to themselves to consider which technologies could shoulder some of the work to help pharmacists, staff, and patients. Younger generations rethinking primary care Hospitals and health-system pharmacies aren’t… Read More »Tapping the right technology frees time-strapped pharmacists to focus on healthcare
Many healthcare related facilities such as pharmacies are regulated heavily and must obtain multiple state and federally issued licenses. While registration and licensing requirements are only a portion of the regulatory hurdles pharmacies must overcome, it is crucial to meet these requirements in order to receive and maintain the legal right to operate a pharmacy. Through the use of our LicenseTrak® pharmacy compliance software, you can achieve and maintain compliance with crucial certification licensing requirements for various positions. When it comes to new pharmacies, the first step toward meeting registration requirements is often the formation of a business entity. Pharmacy Licensing and Permits After a business entity has been created, a pharmacy can start the application process for licenses and permits which is usually carried out through the board of pharmacy in a particular state.… Read More »What are the Licensing Requirements for Pharmacies to Stay Compliant?