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November 2012 - Northeast Pharmacy Service Corporation

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NEW NETWORK PARTICIPANTS<br />

Cornerstone <strong>Pharmacy</strong>, Stamford, CT<br />

Neighborhood Healthmart <strong>Pharmacy</strong>, Methuen, MA<br />

Salem Health Mart <strong>Pharmacy</strong>, Salem, CT<br />

Continued from page 1<br />

company did not have. The Board issued an immediate cease and desist and quarantine<br />

notice. Subsequently, the company voluntarily surrendered its pharmacy license.<br />

NCPA has reported that Congress is considering the options relating to pharmacy<br />

compounding. Both the House and Senate Committees which have jurisdiction over this<br />

matter are currently conducting investigations. NCPA believes that it is likely that both<br />

will hold a hearing to further examine the tragic outbreak during the “lame-duck” session<br />

after the election. Congress is also interested in hearing pharmacy groups’ views on<br />

whether the FDA needs more authority to regulate compounding,<br />

and potential legislative options to address the current situation.<br />

States are also looking at possible actions, such as tightening up rules<br />

relating to pharmacy compounding and increasing inspections.<br />

What is happening in your state? Keep your eyes and ears<br />

open. The disaster keeps getting worse.<br />

Medicare began a program in October that penalizes<br />

hospitals for high re-admission rates. Poorly performing hospitals<br />

can lose 1% of their payments this year and 2% next year. This initiative<br />

focuses on congestive heart failure (CHF), acute myocardial infarction<br />

(AMI), and pneumonia (pneumonia). In most quarters, patient<br />

compliance with discharge orders and medications are seen as<br />

the weak links to be mended. Some larger hospitals actually will use their outpatient<br />

pharmacies to become more involved with managing and monitoring these patients.<br />

There is even some federal grant money around. But smaller community hospitals will<br />

not have access to the kind of pharmacy resources they need. This means that you<br />

might have the opportunity to become a critical partner with your local hospital pharmacy<br />

Director. Find the name of that person and talk to them.<br />

If you don’t think this is a viable business, consider this: Walgreens has undertaken<br />

this initiative with about a dozen hospitals. It is called Well Transitions.<br />

Fax requests for continuation of therapy on controlled substances Class<br />

III–V. We try to make it crystal clear: PHARMACIES MAY NOT SEND A FAX RE-<br />

QUEST THAT FILLS IN THE PRESCRIPTION AND NEEDS ONLY THE PHYSICIAN<br />

SIGNATURE. Most software systems have already made the necessary changes or will<br />

Continued on page 3<br />

2<br />

NETWORK NEWS - NOVEMBER <strong>2012</strong>

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