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This version of NSU News has been archived as of February 28, 2019. To search through archived articles, visit nova.edu/search. To access the new version of NSU News, visit news.nova.edu.
This version of SharkBytes has been archived as of February 28, 2019. To search through archived articles, visit nova.edu/search. To access the new version of SharkBytes, visit sharkbytes.nova.edu.
Research by NSU Pharmacy Students Published in Managed Care Magazine
Students from NSU’s College of Pharmacy published an article titled “Commentary on Current Trends in Rising Drug Costs and Reimbursement Below Cost” in Managed Care Magazine, a publication for health plan executives and physicians.
NSU students Ana D. Vega, B.S., Paul P. Meola, B.S., Julio Ramon Barcelo Jr., and Heidi M. Perez Ruiz, B.S., collaborated on this original research with Stephanie A. Oh, Pharm.D., Atlanta VA Medical Center, and Taeho Oh, M.S., US Rx Care.
The purpose of this paper was to quantify prescription drug price increases over a span of 3 years (2012–2015), and to extrapolate the current reimbursement rates expected by independent retail pharmacies. The margins were calculated for claims adjudicated through four major payers. Results indicated many drugs were being reimbursed below cost. The authors felt they needed to report the dramatic increases in drug prices as well as the disparities in the reimbursements which have been hurting independent pharmacies.
Click here to read the article, which begins on page 41.
Click here to see Commentary on Current Trends in Rising Drug Costs and Reimbursement Belo…