Recent advancements in pharmacy software offer many opportunities to increase your Return-on-Investment helping Medicare patients. We’ve looked at the data and found some key strategies to build a competitive advantage.
Quality Metrics for Drug Plans Are Impacting Pharmacies’ Bottom Line—Here’s How to Turn That Around
Posted on September 25th, 2018 in Industry Updates by Jackson
Created by the Centers for Medicare and Medicaid Services (CMS) in 2007, the Star Rating System is designed to incentivize Medicare Advantage and Part D plans to provide higher quality care. The rating also informs patients how well a plan performs, generating more transparency in the healthcare marketplace. High-performing plans enjoy rewards, like bonus payments and greater marketing opportunities. Plans that perform poorly, however, can experience serious penalties
The Dangerous Link Between DIR Fees and Catastrophic Coverage—and How It’s Hurting Patients and Pharmacies
Posted on August 31st, 2018
On the surface, catastrophic healthcare coverage is a great thing. For the 44.5 million Medicare beneficiaries enrolled in the Part D program for self-administered prescription drugs, this coverage phase is designed to make out-of-pocket costs manageable, once drug spending crosses a certain threshold. Without it, many patients with chronic health conditions would not be able to access their medication.
But something has gone horribly wrong...
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Latest news and updates about the Medicare and pharmacy industries.