Generic drug use saves money in Part D program, studies find
By
Haymarket Media
Mar 06, 2006
Medicare beneficiaries who use generic medications in the new prescription drug plan can significantly cut costs, according to separate studies by the Consumers Union, and the Centers for Medicare & Medicaid.
Generic but not simple
By
John Hall
Oct 06, 2017
Pharmacists view new generics wave with caution, urge close look at regimens
Omnicare and McKesson expand agreement
Nov 25, 2014
Omnicare Inc. and McKesson Corporation have signed an expanded agreement to include the sourcing and distribution of branded, specialty and generic pharmaceuticals.
Popular Alzheimer’s drug to remain on the market at least until August
By
John Hall
May 27, 2015
A federal appeals court has temporarily thwarted a drug company’s plan to replace a proven Alzheimer’s drug with a more expensive version.
Monoclonal antibodies cut COVID-19 hospitalizations in high-risk adults: Mayo Clinic
By
Alicia Lasek
Jul 22, 2021
Patients treated early in the disease with either one of two antibody therapies had similarly low rates of hospitalization within 28 days.
FDA approves first generic of glucagon to treat severe low blood sugar
By
Alicia Lasek
Jan 04, 2021
Glucagon to treat severe hypoglycemia is available in a generic formula for the first time in 20 years.
Report: Medicaid overspent on brand-name drugs
Mar 30, 2011
State Medicaid programs spent $329 million more than necessary by allowing certain prescriptions for brand-name drugs to be filled instead of generics in 2009, a conservative think tank said this week.
GAO: Medicaid pharmacies will be paid one-third less than retailers
By
Haymarket Media
Jan 25, 2007
The federal government will be paying pharmacies 36% less than it cost retailers to acquire many generic drugs, under a new reimbursement methodology for the Medicaid program, the Government Accountability...
Federal court dismisses whistleblower lawsuit over Omnicare, PharMerica withholding generic drugs
By
Tim Mullaney
Aug 18, 2014
A federal court in New York has tossed a whistleblower lawsuit charging that large long-term care pharmacies violated the False Claims Act by failing to dispense requested generic drugs.
Cutting into costs
By
John Hall
Jan 04, 2016
A look inside the mind of lenders in the wake of a skilled nursing cost comparison report reveals reasons for optimism — and concern