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It’s not a Typo: 91,500% Increase in Fees Heaped on Pharmacies

06/03/2021 11:33 AM | Anonymous member (Administrator)

The CEO of the country’s largest organization of community pharmacies today called for immediate action after the Centers for Medicare & Medicaid Services disclosed in a budget document that pharmacy benefit managers increased retroactive fees on pharmacies by an astonishing 91,500 percent in recent years.

“This is absolutely unsustainable,” said B. Douglas Hoey, CEO of the National Community Pharmacists Association, which represents more than 21,000 independently owned pharmacies across the country.

Read more at www.ncpa.org.

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