In an effort spearheaded by The Keystone Pharmacy Purchasing Alliance and its parent company, PARD in Pennsylvania, Pharmacists United to Necessitate Change (“PUNCH”) recently formed as a Limited Liability Company (LLC) owned and controlled by its member pharmacies from around the country with the goal of taking legal action to address the onerous business practices of PBMs towards independent pharmacies.
PUNCH is contemplating a “Mass Action” lawsuit against Catamaran, targeting potential issues such as MACs, limited networks, mail order requirements and auditing practices. In a Mass Action lawsuit, each pharmacy directly participates in its own name as a plaintiff and shares in any potential settlement or decision. Pharmacies that do not participate will not be entitled to share in any benefit.
Keystone also has been reaching out to other pharmacy groups to spread the word about PUNCH. Mel Brodsky, CEO of The Keystone Pharmacy Purchasing Alliance, said “We are receiving calls from stores throughout the country.” PUNCH hopes to engage several thousand pharmacies nationwide by the end of June in order to move forward with its agenda.
For more information, please view its website at www.punchpbm.com or contact PUNCH directly (Mel Brodsky 215-464-9892).
Filed under: General Problems
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