Tag: Medicare Drug Price Negotiation Program
Indie pharmacy owners are wary of drug program
September 8, 2025HME News Staff
ALEXANDRIA, Va. – Nearly 20% of independent pharmacists won’t stock drugs in the Medicare Drug Price Negotiation Program and another 67% might not participate, according to a new survey from the National Community Pharmacists Association (NCPA). “Independent pharmacists want this program to work, and they want to participate,” says NCPA CEO B. Douglas Hoey. “But the program must be implemented in a way that makes business sense or independent pharmacies won’t be...
NCPA warns CMS about drug program
January 28, 2025HME News Staff
ALEXANDRIA, Va. – The National Community Pharmacists Association has submitted comments to CMS warning that more than 90% of independent pharmacies may decide, or have already decided, not to stock drugs in the Medicare Drug Price Negotiation Program due to financial losses that will potentially put them out of business. “Pharmacies will have to float thousands of dollars every month waiting for refunds from the manufacturers,” said NCPA CEO B. Douglas Hoey. “That will cause...