Careers in Retail Pharmacy

Medicare, Medicaid and mail:

CONTINUED FROM PAGE 3 the initial confusion and chaos surrounding the launch of Part D has dissipated, and there’s no disputing that the program has brought new patients and new business to community pharmacy. It’s also elevated the role and visibility of pharmacists as medication and disease-man-agement counselors to many senior citizens.

To their credit, the Centers for Medicare and Medicaid Services has responded to pharmacy’s concerns over Part D’s rocky launch 1 and rapid expansion. CMS administrator Mark McClellan and his boss, Health and Human Ser- 2 vices secretary Michael Leavitt, have stumped repeatedly for the program 3 before pharmacy and seniors’ groups, and McClellan’s Senior Advisor, Office 4 of the Administrator Larry Kocut, former NACDS general counsel, has become the de facto liaison between 5 the government and community pharmacy.

More important, CMS 6 has added resources to ease patient confusion and boost enrollments and promises to hold the 7 dozens of competing plans in each region to higher standards of service and 8 accountability in 2007. But the program remains flawed. CMS has promised 9 to fix the system, and already has eliminated one key source of confusion by 10 stopping the practice of co-branding, in which some pharmacy chains were

putting their logos on Part D membership cards, leading some enrollees to believe that was the only place they could get their prescriptions filled. But it will take an act of Congress and the president’s signature to change some of the more controversial elements of the Medicare program, including a provision that pre-

vents the government from negotiating directly with drug manufacturers for volume discounts.

That issue, in particular, is certain to spur more controversy as the program enters its second year. Some law makers are calling for an overhaul that would allow Medicare to negotiate prices with drug makers and assume more

Top 10 retail pharmacy chains

Rank Company

2005 Rx
sales*

% change

Total corp. % change
2005 sales

% of sales
from Rx

CVS Corp. $28,900** 34%
Woonsocket, R.I.

$42,500

39%

68%

Walgreens
Deerfield, Ill.

27,350

15

42,680

14

64

Wal-Mart
Bentonville, Ark.

11,036

21

209,900††

9

5

Rite Aid
Camp Hill, Pa.

10,900

1

17,300

3

63

Brooks-Eckerd
Warwick, R.I.

5,500

NA

8,200

NA

67

Kroger
Cincinnati, Ohio

5,450

11

60,600

7

9

Supervalu 3,600††† 2,300
Eden Prairie, Minn.

44,000 315

8

Safeway
Pleasanton, Calif.

3,100

11

38,400

7

8

Medicine Shoppe
St. Louis, Mo.

2,520

0

2,600

0

97

Sears Holdings 2,400
Hoffman Estates, Ill.

– 8

49,200^

–4

4

S

S

C SG

4

Fall 2006

References:

Archives