HUGE for pharmacies in 2016 and probably why we se
Post# of 145147
Posted On: 10/27/2015 1:35:23 PM
HUGE for pharmacies in 2016 and probably why we see Rite Aid is getting picked up at a $4B premium from Walgreens. Lots of potential for RXMD (Progressive Care Inc.) another pharmacy company building in southern markets. Could quickly become an acquisition target with the size of their South Florida market:
On February 6, 2015, the Centers for Medicare & Medicaid Services (CMS) issued a final rule, making changes to the Medicare Advantage and prescription drug benefit programs (Parts C and D) for Contract Year 2016. Many of the provisions of the proposed rule published on January 10, 2014 that were supported by pharmacy did not make it into the final rule. The final provisions include: revisions to dispensing for long-term care facilities - making it clear that dispensing fees should not be prorated, expansion of quality improvement program regulations, and changes to audit and inspection authority, among others. Those not being finalized include any willing pharmacy provisions, reducing the number of Part D plans a sponsor may offer, and codifying CMS interpretation of the Part D non-interferene provision.
https://www.federalregister.gov/articles/2015...ge-and-the
On February 6, 2015, the Centers for Medicare & Medicaid Services (CMS) issued a final rule, making changes to the Medicare Advantage and prescription drug benefit programs (Parts C and D) for Contract Year 2016. Many of the provisions of the proposed rule published on January 10, 2014 that were supported by pharmacy did not make it into the final rule. The final provisions include: revisions to dispensing for long-term care facilities - making it clear that dispensing fees should not be prorated, expansion of quality improvement program regulations, and changes to audit and inspection authority, among others. Those not being finalized include any willing pharmacy provisions, reducing the number of Part D plans a sponsor may offer, and codifying CMS interpretation of the Part D non-interferene provision.
https://www.federalregister.gov/articles/2015...ge-and-the
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