Eighteen U.S. universities ranked among the top 100 in the world for pharmacology and toxicology, a U.S. News & World Report ranking found. U.S. News’ “Best Global Universities” ranked 2,250 of the world’s top universities overall and by 51 academic…
Pharmacy
Anyone who has built or has considered building a specialty pharmacy within their health system knows it’s not easy. It’s essentially a business within a business. You need operational sophistication across every function while still delivering on your core mission:…
Senate Finance Committee minority staff has released a request for information outlining three policy options aimed at lowering prescription drug prices, reducing patient out-of-pocket costs and supporting biopharmaceutical innovation. The proposal, released June 16, builds on a February plan led…
States have begun receiving payments from CVS Pharmacy’s $36.5 million settlement over allegations that the company overbilled Medicaid programs for insulin prescriptions between 2010 and 2020. According to federal and state investigators, CVS dispensed more insulin pen cartons than prescriptions…
Colorado has received FDA approval to import lower-cost prescription drugs from Canada, a move state officials said could reduce healthcare costs for residents. The approval allows the Colorado Department of Health Care Policy & Financing to move forward with a…
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The nation’s three largest pharmacy chains have been shrinking for years. Rite Aid filed for bankruptcy and shuttered about 800 stores, CVS has closed 900 locations while Walgreens announced plans to close 1,200 more. The cumulative effect: in 46% of…
The FDA has granted accelerated approval to Tzield (teplizumab) to delay the decline in endogenous insulin production in children ages 8 to 17 years recently diagnosed with stage 3 Type 1 diabetes. The approval makes Tzield the first disease-modifying therapy…
Illinois will provide $24.7 million in funding to 434 pharmacies through the Illinois Pharmacy Support Program. The program was created to support pharmacies at risk of closure or financial strain, particularly those serving rural areas, low-income communities and populations with…
For years, pharmacy inventory management at Houston-based Texas Children’s relied on a process familiar to many health systems: manual counts, visual inspections and a significant amount of guesswork. Technicians routinely counted inventory across the health system’s 13 pharmacy satellite locations,…
UnitedHealth Group subsidiaries and the Federal Trade Commission have reached a tentative agreement as of June 12 that would resolve allegations the companies had “created a broken rebate system that inflated insulin drug prices,” the FTC said in 2024. Pharmacy benefit manager Optum Rx and its…