TITLE

Community pharmacies suffer reversals in 2006

AUTHOR(S)
Paul, Reid
PUB. DATE
July 2007
SOURCE
Drug Topics;7/9/2007, Vol. 151 Issue 13, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports on the profitability of community pharmacies in 2006. The National Community Pharmacists Association said that the number of community pharmacies shrank in 2006, reversing a five-year growth trend for the industry. According to the National Community Pharmacists Association officials, the falling profits and margins were grim signs that the Medicare Part D program was having a significant and negative impact on community pharmacies. Moreover, NCPA has also vowed to fight the CMS' proposed switch to average manufacturer price for Medicaid generic drug reimbursement.
ACCESSION #
25886311

 

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