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Back in the day when the PBMs showed up – late 1969-1970. The vast majority of the community pharmacies were independent – somewhere in the mid-40K – independent pharmacies. Back then the fed DOJ came out and made it quite clear that if more than one pharmacy tried to form groups that would negotiate when […]
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Historically, the pharma industry has not functioned on a 20% gross margin profit, as was stated in this article I know when the brand name pharmas dominated the pharma industry, the industry – on the whole – had the highest NET PROFIT of any industry. This is just another casualty of the Insurance/PBM industry’s goal […]
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“The moral test of a government is how it treats those who are at the dawn of life, the children; those who are in the twilight of life, the aged; and those who are in the shadow of life, the sick and the needy, and the handicapped.” – Hubert Humphrey, VP Pharmacist The residents of […]
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