Important Read! Very Good Explanation: Advisers and PBMS are Closing Costly Health Care Loopholes

Posted August 1, 2014 by Craig Hasday at 09:05AM. Comments (0)

In 2012, in an effort to promote cost transparency, new regulations were issued requiring pharmacies to list all drugs included in a compounded medicine when seeking reimbursement. Previous protocol required that only the most expensive drug be listed, and reimbursement was based on the cost of that drug.

continue to read here

More and More added to the list: Updated 7/30/2014 Compounding Registered Outsourcing Facilities

Compounding Registered Outsourcing Facilities

Ninth Question of the Day August 1, 2014 How many millions/billions of tax dollars have compounding pharmacies, pharmacists, doctors etc. cost taxpayers with fraudlent deductions, underreported income, etc. while at the same time collecting illegal medicare, medcaid, and insurance payments?

Eighth Question of the Day August 1, 2014 When will the FDA start cracking down on those compounding pharmacies in the 5th Circuit (Texas, Louisiana and Mississippi) that compound animal drugs from bulk beyond small, necessary amounts? When will compounding organizations and groups stop distorting and misrepresenting what the caselaw actually holds (see prior post with actual 5th Circuit case that trumps what the district court said? Should pharmacies receive warning letters first? What if they have already recevied a warning letter in the past?

Seventh Question of the Day August 1, 2014 Should full disclosure of all conflicts of interest to be made to a patient before a doctor prescribes compounded medications and a pharmacists makes a compounded medication? For example if the pharmacist also works for the company that supplies the API shouldn't this be disclosed? If the pharmacist works for the company that does the testing on the compounded preparations shouldn't this be disclosed? What should be the legal ramification if it is not disclosed to the patient?

Sixth Question of the Day August 1, 2014 Sometimes "mom and pop" business can be fronts for illegal activities, If mom and pop compounding pharmacies who are doing illegal compounding where given the choice today to close their doors or go to jail how many would opt to close their doors rather than have their families and employees go to jail?

Fifth Question of the Day August 1, 2014 How many compounding pharmcists take family vacations, do a little "business" recruiting doctors for their compounds etc. and then write off all or part of the trip as as business expense for tax purposes?

 

Fourth Question of the Day August 1, 2014 Are the compounding pharmacists organizations, associations etc. getting the support from patients they had hoped for on all their campaigns to perserve a patient's rights to compounded medications? If not, why not?

Third Question of the Day August 1, 2014 Interesting Mugshot of Pharmacist charged with Unlawful dispensing, compounding, and sales of drugs. Will we be seeing more of these?

click here

Second Question of the Day August 1, 2014 Do compounding pharmacies who focus on and make a large amount of money from compounded pain creams think they are on touchable since the FDA is focused on outsourcing facilities? Should the FDA also ramp up its enforcement action against those" manufacturer" compounded pain creams? Should this be something DOJ/FBI/DEA should focus on prosecuting and recovering ill gotten gains?