|Articles|April 1, 2004

Reimbursement Cuts Trigger Reduced Pharmacy Hours

Author(s)Ken Rankin

At least 9 Rite Aid pharmacies in Maine have reduced their prescription department operating hours in response to the state's latest cutbacks in reimbursement for Medicaid prescriptions. The cuts target brand name drugs, for which pharmacists will be paid average wholesale price (AWP) less 15%. The reimbursement for generic drugs will remain at AWP less 13%.

Officials at Rite Aid said that even before the latest budget cut Maine had the lowest reimbursement rate in the country for generic drugs. Reducing pharmacy department hours in Rite Aid stores that do the most Medicaid business is necessary to compensate for the lost revenue, company officials said.

Under the service cuts announced by the chain, Rite Aid stores will remain open for their normal hours, but prescription departments will close on Sunday in 6 pharmacies. Others will have Saturday and evening hours trimmed back.

Articles in this issue

over 21 years ago

Article

RxPRODUCT NEWS PROFILE: Caduet

over 21 years ago

Article

COMPOUNDING HOTLINE

over 21 years ago

Article

Case Studies

over 21 years ago

Article

Buddies Are Good for the Heart

over 21 years ago

Article

Rage Is Connected to Stroke Risk

over 21 years ago

Article

InnoLet

over 21 years ago

Article

Colace/Peri-Colace

over 21 years ago

Article

TampAlerT

Newsletter

Stay informed on drug updates, treatment guidelines, and pharmacy practice trends—subscribe to Pharmacy Times for weekly clinical insights.

Latest CME