Forecasting the future of the independent pharmacy can prove to be just as tricky as predicting the weather. Predictions tend to be all over the map, so we can be sure that a good number of them will be wrong.
There’s a lot going on of importance to independent pharmacies, so I’m combining two topics into one blog post. Hold onto your hats!
The Drug Supply Chain Security Act (DCSA) became law in November 2013 and will be phased in over a 10-year period. Because there may be some misunderstanding of the three 2015 phase-ins, I will review them here. But, before I begin, allow me to assure you of this.
The latest report on rising generic drug has been released. Todd Glover, a founding partner of Glass Box Analytics, examined the costs pharmacies could expect to pay for 4,421 drug groups between November 13, 2013 and November 13, 2014.
While the overall increase was only 8.6%, some drug group prices went through the roof. Read more
Saving independent pharmacies money and time by offering a free tool for comparing drug costs from multiple wholesalers at one time is our top priority at TRxADE. We see it as a way to help you regain control of your independent pharmacy. Read more
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