Bloomberg Nails PBM Accounting Tactics

Posted on April 4, 2017 by Pharmaciststeve

Drug Middlemen Have Slim Profit Margins — Just Ask Them https://www.bloomberg.com/news/articles/2017-03-31/drug-middlemen-have-slim-profit-margins-just-ask-them Companies of all kinds try to present their financial results in the best light possible to attract investors. One segment of the drug industry is bucking that trend, using an accounting method that narrows its profit margins. The three big middlemen for prescription drugs, known […]

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Statement of Chuck Rosenberg Acting Administrator Drug Enforcement Administration

Posted on April 4, 2017 by Pharmaciststeve

Statement of Chuck Rosenberg Acting Administrator Drug Enforcement Administration Before the Subcommittee on Crime, Terrorism, Homeland Security, and Investigations Committee on the Judiciary U.S. House of Representatives Our mission is to identify, investigate, disrupt, and dismantle drug trafficking organizations responsible for the production and distribution of illegal drugs. We are responsible for enforcing the Controlled […]

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20 percent of patients with serious conditions are first misdiagnosed, study says

Posted on April 4, 2017 by Pharmaciststeve

20 percent of patients with serious conditions are first misdiagnosed, study says https://www.washingtonpost.com/national/health-science/20-percent-of-patients-with-serious-conditions-are-first-misdiagnosed-study-says/2017/04/03/e386982a-189f-11e7-9887-1a5314b56a08_story.html More than 20 percent of patients who sought a second opinion at one of the nation’s premier medical institutions had been misdiagnosed by their primary care providers, according to new research published Tuesday. Twelve percent of the people who asked specialists at the […]

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Dealing with the CMS’ FIVE STAR RATING SYSTEM

Posted on April 4, 2017 by Pharmaciststeve

CMS (Centers for Medicare and Medicaid Services) has implemented a FIVE STAR RATING SYSTEM for all those providing care to those pts covered by Medicare/Medicaid/Medicare Advantage. More STARTS means that the vendor GETS HIGHER REIMBURSEMENTS. Pts file GRIEVANCES to CMS ( www.cms.gov or 800-MEDICARE) about poor/unacceptable service will lower the vendor’s star rating… They get […]

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DEA’s position is an example of bureaucracy that clearly thwarts the will of Congress and disadvantages American farmers

Posted on April 4, 2017 by Pharmaciststeve

NC hemp commission considers joining lawsuit against DEA http://www.newsobserver.com/news/business/article142568559.html RALEIGH The state commission charged with fostering an industrial hemp industry in North Carolina is considering joining a lawsuit against a government agency that it agrees is making things difficult: the U.S. Drug Enforcement Administration The N.C. Industrial Hemp Commission, which was created by the General […]

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Donald Trump’s Pick to Oversee Big Pharma Is Addicted to Opioid-Industry Cash

Posted on April 4, 2017 by Pharmaciststeve

Donald Trump’s Pick to Oversee Big Pharma Is Addicted to Opioid-Industry Cash https://theintercept.com/2017/04/04/scott-gottlieb-opioid/#comment-381880 Newly-released financial disclosure documents show that Dr. Scott Gottlieb, President Trump’s nominee to the lead the Food and Drug Administration, has received significant payments from the opioid industry — while attacking attempts to deter the explosion of opioid pill mills. The FDA has some of […]

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