Mobile-friendly - 19 hours ago - A proposed list of bulk drug substances that may be used tocompound drug products, as well as criteria for evaluating ...
Human Medications, Human Drugs, Animal Medications, Animal Drugs, Pharmacy law, Pharmaceutical law, Compounding law, Sterile and Non Sterile Compounding 797 Compliance, Veterinary law, Veterinary Compounding Law; Health Care; Awareness of all Types of Compounding Issues; Pharmacy Benefit Managers (PBMs), Outsourcing Facilities Food and Drug Administration and Compliance Issues
Tuesday, March 29, 2016
Essendon supplements saga: Expert reveals possible health breaches
The Age-9 hours ago
... the Chinese-based company, GL Biochem, and these were to be compounded in Melbourne. ... This is expected to be linked with questions over whether any of the drugs
Adamis Pharmaceuticals Gains 20% Following Acquisition Of US...
Benzinga-27 minutes ago
US Compounding is a privately held company that holds the status as a drugcompounding outsourcing facility
Adamis Pharmaceuticals Announces Agreement to Acquire US Compounding
https://www.pm360online.com › adamis-...
3 hours ago - Adamis Pharmaceuticals Announces Agreement to Acquire USCompounding. NASDAQ Oncology Market News on ...
Monday, March 28, 2016
"The Postal Service is so concerned about rising drug costs and DOL’s inaction that, in October 2015, it requested an adjustment and withheld $68.6 million in payment for its workers’ compensation chargeback bill. According to Postal Service officials, the $68.6 million represented compound drug cost increases potentially attributable to fraud and abuse that OWCP had a duty to prevent. In December 2015, the DOL denied the Postal Service’s request. While Postal Service officials disagreed with the DOL’s determination, they paid the outstanding $68.6 million."
quoted from https://www.uspsoig.gov/document/management-advisory-workers%E2%80%99-compensation-compound-drug-costs
quoted from https://www.uspsoig.gov/document/management-advisory-workers%E2%80%99-compensation-compound-drug-costs
03/28/2016 01:47 PM EDT
The Food and Drug Administration (FDA) is advising consumers not to purchase or use ENVY BP, a product promoted and sold for weight loss on various websites, including www.purelysimpleweightloss.com
US Postal Office of Inspector General Recognizes High Cost of Compounded Drugs is a Problem--Calls for Action
"Compound drugs cost more than other drugs because pharmacies are permitted to bill separately for each ingredient. As more pharmacies began compounding drugs, it created shortages in ingredients, which also increased the drugs’ costs."
read entire report https://www.uspsoig.gov/blog/compounding-problem
read entire report https://www.uspsoig.gov/blog/compounding-problem
"[R]ecent audit report highlighted the huge increase in the U.S. Postal Service’s workers’ compensation costs for compound drugs – an expense that jumped from $30 million to almost $99 million in charge-back year 2015 (July 1, 2014, through June 30, 2015). Also, administrative costs for compound drugs increased by $3.6 million to reach $5.1 million. During that time, more than 50,000 Postal Service employees had compound drug prescriptions — nearly three times the number in the previous year. “These unprecedented increases were due to the higher costs of compound drugs, the rising number of compound drug prescriptions, and fraud,” our report said.
quoted from
https://www.uspsoig.gov/blog/compounding-problem
https://www.uspsoig.gov/blog/compounding-problem
Subscribe to:
Posts (Atom)