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Medicare Price Negotiations Under the Inflation Reduction Act Could Spell Trouble for Pharmacies

Recently, the Centers for Medicare and Medicaid Services (CMS) announced the list of the first ten drugs that will be subject to Medicare price negotiations under the Inflation Reduction Act (IRA), signed into law by President Biden in 2022. Under the Act, Medicare can directly negotiate the prices of certain high expenditure, single source drugs …

Pharmacy Compliance with CalRecycle Pharmaceutical and Sharps Stewardship Program

California requires pharmacies, wholesalers, and manufacturers to comply with regulations that facilitate consumer disposal of pharmaceutical and home-generated sharps waste.   The program, administered through CalRecycle, requires manufacturers and wholesalers to identify themselves and their products and to engage with approved stewardship organizations to implement disposal programs.  Although the bulk of responsibility lies with wholesalers and …