GREETINGS, YOUNG PHARMACISTS.
Congratulations on your choice of an
important and rewarding career. The challenges
that face the profession of pharmacy
today are significant, but the opportunities
are nearly limitless. With an aging population,
the expansion of retail pharmacies,
and the development of new prescription
medicines, the demand for pharmacists is
"skyrocketing," according to Mercer
Human Resource Consulting.
The US Department of Labor's Bureau of
Labor Statistics reports that pharmacists
enjoy "high salaries and good job prospects,"
with projected job growth of 18% to 26%
through the year 2014. This is partly due to
increased prescription drug coverage by private
health insurance plans, as well as the
implementation of Medicare Part D, which
began providing prescription drug coverage
to seniors for the first time in January 2006.
With pharmacists' starting salaries topping
$90,000 per year in many areas, the future for
pharmacists is bright.
The implementation of Medicare Part D
has ushered in the era of medication therapy
management (MTM). For the first time, the
government has said it wants pharmacists to
offer medication counseling to the most atrisk
senior patients in order to optimize
patient outcomes, and is willing to pay for
that service. The systemization of MTM services
gives us the opportunity to bring about
the paradigm shift that we have long sought
in pharmacy?that is, a shift in pharmacy
practice from products to professional services.
We must take full advantage of this
opportunity to promote the unique and specialized
training we offer, regardless of the
practice setting. As the next generation of
pharmacists, I urge you to take the lead in
shaping the future of pharmacy.
Good luck!
Mr. Roberts is the executive
vice president and chief
executive officer of the
National Community
Pharmacists Association.