Magazine article Drug Topics

Who Will Be Paying for Pharmacy Services?

Magazine article Drug Topics

Who Will Be Paying for Pharmacy Services?

Article excerpt

In terms of sources of income, chain drugstores and independent pharmacies mirror each other. As they gather business from cash customers, Medicaid, and private thirdparty plans, the one never-ending trend is the gradual movement from cash-paying customers to third-party plans.

One interesting new trend, however, is the movement toward payment for cognitive services. It's beginning to make its appearance, especially in relation to private third-party plans.

Chain executives don't expect to see large changes in their sources of business. But in keeping with the general trend in past years, the percentage of business coming from cash customers is expected to decline slightly next year. That percentage is shifting to private third-party plans.

Meanwhile, although payment for cognitive services is starting on the state level, the money for these services flows more like a creek than a river. For one thing, only 13% of chain executives indicated that states in which their drugstores operate have approved bills to reimburse pharmacists for cognitive services. This is not surprising, considering only five states have enacted pharmacist care legislation. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.