Pharmacy News

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Special Report: RxImpact 2017

In this special report, Drug Store News takes an in-depth look at community pharmacy and its growing role in helping to lower healthcare costs and expand patient access in the United States.

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Insurance execs meet with Trump

During his listening session with representatives from the health insurance industry about the proposed repeal of the Affordable Care Act, President Trump said, “we're going to come up with something where not only will the market be great, but the people are going to be taken care of.” 

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FDA sets record for generic drug approvals

Its Center for Drug Evaluation and Research generated the highest number of approvals in its history — more than 800 generic drug approvals, including both full approvals and tentative approvals.

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Alabama independents fighting to exclude prescription revenue from gross receipt calculations

Approximately 530 Alabama independent drug store owners are seeking relief of as much as $5,000 per store per year in business license fees by excluding prescription sales from gross receipts, according to a report published Friday by the Alabama Media Group. State legislation has been introduced to that end, but is opposed by local municipalities looking at stark revenue reductions. "Cities like Montgomery and Mobile claim the hit would be excessive," the report noted. "In Mobile, city officials estimate that computing a store's gross sales by including prescription medicine has brought in an average of $465,000 annually for the past five years." (AL.com)